GoodyErick

BTC still bearish.

Short
GoodyErick Updated   
BITFINEX:BTCUSD   Bitcoin
BTC has reached a key point in the triangle pattern which has been forming since December last year.

BTC needs to overcome major resistance, for a major bull drive to happen.

At this current point the MACD, RSI and 200 MA in the daily, weekly and monthly still bearish.

This bearish pattern could last till the end of the year or even longer.
Comment:
BTC 4/06/2018 @ 1.55PM - large amount of consolidation and with low volumes today, plus divergence in the lower time frames.

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