Bitcoin Gold Price Update - Fell From 540 To 140 USD...

At this moment, Bitcoin Gold does look very weak. In the beginning of yesterdays trading, it topped out at 540 but it has been falling ever since.

Here is the 4 hour chart from Bitfinex:

FireShot Capture 138 - BTGBTC_ 0.01929 ▼−0.08% - Unna_ - https___www.tradingview.com_chart_AxIWekrr_.png

Comment: As you can see, there is a pennant formation in the making and the way I look at it it might continue to fall once it breaks out from this formation.

It might want to go down and retest the lows at 0,01 BTC. Lets wait and see. I have still not seen my Bitcoin Gold in my Bittrex account and Im waiting for trading to begin over there.

Happy trading!

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