Bitcoin | This Is It, Going Lower

This is it folks... Bitcoin (BTCUSD) peaked.

Here we can notice a strong bearish divergence between Bitcoin and the MACD/RSI.

We also have the Bitcoin CME Futures GAP which I wrote about on July 28... www.tradingview.com/...-the-latest-CME-GAP/

Prices are now clearly aiming lower.

All the support levels are marked on the chart.

Namaste.

Comment:

The altcoins are recovering strong as expected... This can signal that Bitcoin will correct and then continue growing.

Here are some of the altcoins that I charted after the drop:

ChainLink Invincible... Chart Analysis | The Infinite Bull

Loopring Retrace Is Likely Over | Chart Signals Detailed (LEO)

Ark Recovers Nicely | Long-Term Targets Mapped (230%+)