Crypto Trader Predicts Bitcoin ‘Chop Suey’ – Bitcoin, Ethereum, XRP Price Analysis

Crypto trader FilbFilb told his 10,000 followers on Twitter he’s long on Bitcoin, and expects the price of BTC to remain choppy for the short term.

Right now, the market is mixed, with Bitcoin holding around $3,829 after its weekend run-up to just over $4,200, followed by Sunday’s sharp reversal.

CoinDesk’s Omkar Godbole says a key indicator suggests Bitcoin may have hit a bottom as technical analysts work to picture the path forward.

Bitcoin

CoinDesk – Long-term Bitcoin price indicator turns bearish, suggesting bottom may be in

FXStreet – Bitcoin bulls fall into bears’ trap

Bitcoinist  – Doing nothing in the immediate term for Bitcoin may be the wisest play

XRP

NewsBTC – XRP revisits key support, upsides remain capped

Blockonomi – Selling rallies a good idea

FXStreet – Flash crash refreshes lows around $0.2982

Ethereum

Blockonomi – Key reversal could trigger more losses

NewsBTC – ETH’s u-turn sets new short-term bearish bias

FXStreet – Trouble could still be around the corner

Image via Marco Verch/Flickr

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