BTCS Inc (BTCS)

[Watcher411]

It looks that we might almost be about done with this nonsense. BTC is making a mad dash to find its low, and I think it's pretty clear that in a downside scenario, all this stuff is ALL linked together. If Fibonacci has any weight in this, that low could be about BTC $4700-$5000, IF it manages to fall that low. GBTC about $9, but it did bounce off its 200 day at $9.6 today (well outside the BB, and hopefully now done). Btcs, about 0.072. No guarantees we get this low with any of these prices.

Btsc has closed twice outside the bands, and might again today, but does look to be pulling away. Btcs looks to possibly close outside the BB today. Usually a good sign for what should be a start of a reversal, unless shown to slide down the bands. 200 day and 20 day are nearing parity. I think we'll pop to that area, fail, and back down to about this level again, running sideways for a short time while BTC finishes doing what it's going to do.

It feels that a 40% pop is due, to return us back to the 200/20 day at about 0.11ish, and to start closing up the macd for a reversal. RSI is more favorable at this moment over a few days ago, so I see potential.