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Bitcoin
Short

Bitcoin daily trend is down, more downside expected in future

By mantasg
Updated
Bitcoin started downtrend after flush of 12730$ mark, this level for now on daily chart are key level for upside while price trading below it I want to short bitcoin on pullbacks.
Note
Looks like finally pullback ended and we have a chance to resume downtrend targeting fresh daily lows, tomorrow is opportunity to jump in with a trend to pinpoint entry better use something like 1h trend who already made lower low and once we see strength to upside short it with protective stop above today's daily candle high snapshot
Note
1h chart snapshot
Note
After some time happens what have to happen based on daily trend expecting fresh lows or at least double bottom for now but in overal I would not buy btc and and recomending for anyone unless you are ready for a drop to 3000$ and its for you means noting snapshot
Bitcoin (Cryptocurrency)BTCpriceactionTrend Analysis
mantasg

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