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AlanSantana

Bitcoin (Fake breakout) Resumes Drop

Bitcoin (BITMEX:XBTUSD.P)  
AlanSantana  
BITMEX:XBTUSD.P   Bitcoin
Trend Analysis Beyond Technical Analysis Chart Patterns
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trendanalysis beyondta chartpattern
What we saw recently for Bitcoin (XBTUSD) was a fake breakout. Prices moved above support just to quickly fall back down.

Our previous view/analysis remains valid.
Prices are now trading below MA200 and also below the purple trendline.

Additional information:
Bitcoin (XBT) 4H Timeframe

Thanks a lot for your continued support.

Namaste.
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