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BITCOIN BEARS ARE GAINING STRENGTH|SHORT

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Bitcoin (BITSTAMP:BTCUSD)  
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BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Wave Analysis Bitcoin (Cryptocurrency) short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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Hello,Friends!

The BB upper band is nearby so BITCOIN is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 39873.

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Komentar:
We are seeing a good move already so we will keep the trade running!
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