Down ! Warning.
Bitcoin / Dollar BITSTAMP:BTCUSD
Dangerously down, BTC just broke a support that shouldn’t have been broken, it happened yesterday and the only way to come back to up trend is to return to the up channel within 48hrs ! -Now it only remains 36 hrs . Why ? Because many algorithms trade within 2 daily candles in trend, therefore if in 2 days this is not back into the upline, you could expect a deeper low, not seen in 1 or 2 years yet.
Whatsoever, here I put my view, it will be invalidated if in 2 days happens what I said above.
Good luck,
Thor
🙂