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Michael_Harding

BTCUSD - 25k is likely to be Next

Short
Bitcoin (BITSTAMP:BTCUSD)  
Michael_Harding  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Harmonic Patterns Trend Lines BTCUSD tradeidea signal
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trendanalysis harmonicpatterns trendline btcusd tradeidea signal
Taking a look at the daily timeframe, price action did break below the ascending support. RSI is also below 50. Those two indications alone suggest prices are likely to fail further. Knowing the fear that comes with Bitcoin traders, there's a good chance that this pair is headed back down towards 25k.

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