Bitcoin (XBTUSD) is likely to continue lower here.
The initial move on the 11-June confirmed the drop, now we are seeing a follow up develop after a bounce.
Bear volume is moving higher and the indicators are starting to look weak.
Prices breaking below EMA50 and MA200 is also another strong bearish signal.
Prepare for lower prices.
Namaste.
The initial move on the 11-June confirmed the drop, now we are seeing a follow up develop after a bounce.
Bear volume is moving higher and the indicators are starting to look weak.
Prices breaking below EMA50 and MA200 is also another strong bearish signal.
Prepare for lower prices.
Namaste.
Note
Update: 
Trade signal:
](https://s3.tradingview.com/f/fTA2deoM_mid.png)
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