Bitcoin Drops >1,000 (A Hindenburg Omen Moment?)

by Anthony B Sanders

The crypto-currency Bitcoin just plunged over 1,000!

bitpr

The NYA seems to be experiencing a Hindenburg Omen moment of its own.

hind

But the correction/plunge in Bitcoin is clearly larger than the NYA. Bitcoin has broken through the first band in the Bollinger Band study.

bitbol

Article Continues Below

And for the Elliot Wave, Bitcoin’s decline looks like a tsunami.

bitel

Bitcoin even broke through the Ichimoku base.

ichibit

Let’s see what Monday brings.

isc095booklet.indd

 

171 views

Follow IWB on Facebook and Twitter