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BTC-USD BEARISH INDICATIONS.

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Bitcoin (BITFINEX:BTCUSD)  
Ticcr Updated   
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Technical Indicators
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trendanalysis indicator
Take a look at this RSI and MACD indication. Looks like a clear indicator that BTC-USD is showing some serious bearish tendencies.
Historically RSI has given clear indications when BTC has been overbought, and oversold.
Comment:
Oversold at $16.9k.
Oversold at $8.4k.
Looks like it will be oversold within the near future at $4.5k.
MACD crossing downwards.

My tip: Sit tight and wait until BTC hits $4.5k, from there we might se a bullish pattern after a new analysis.
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