BTC, GBTC, NYXBT updates 09/18

BTC: Continues to count best as b-wave bounces higher that are getting smaller and smaller (less and less buying). Line in the sand is now $5896. A break below opens the door for $4000s

BTC

GBTC: looks like a nice diagonal is forming, grey arrows, targeting around $6. Price action is weak and in bear market mode (price<20<50<200 and all SMAs are pointing down)

GBTC.png

NYXBT: Same pattern as on the GBTC (diagonal forming) All the technical indicators are pointing down, wanting to see lower prices, as price is below all its simple moving averages (SMAs). Break below support targets $4000.

NYXBT