Bitcoin
Short

BTC Breakdown of Long-term Support

BTC broke through a long term support trend line yesterday. Price is up today retesting the line. It appears buyers do not have the support to regain the trendline. Bears will see this as a sign of weakness and selling should start to gain momentum. Low risk trade with stop loss just above the trend line.
Bitcoin (Cryptocurrency)BTCSupport and ResistanceTrend Lines

Also on:

Disclaimer