[BTC/USD] - Time to put on your bear goggles

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BTC-16.01.2018 (004).jpg

BTC -13.76% is rubbing up against the bottom of the pitchfork that has defined the trend for months now. If it closes below and successfully breaks the bull trend, we could see BTC -13.76% dropping as far as mid 8k range where the EMA rests alongside the 0.236 fib retracement. If the pitchfork holds, expect a return to the mean with an eventual rally to upper 20ks or 30k+

[BTC/USD] - Time to put on your bear goggles | Ecency