faiz97

Strong downward trend in BTC

BITFINEX:BTCUSD   Bitcoin
Bitcoin has consistently failed to break the Lower lows and lowers highs pattern. The overall interest in bitcoin has also been decreasing ( can be easily confirmed by looking at google trends) I would personally short the next time it retests the 200EMA and drops. I expect strong resistence 5800 ( previous points where btc bounced) and 5000USD ( Strong Psychological number) Upon break of these critical price levels BTC should be in free fall.
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