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Aurelius222

BITCOIN SUMMER TREND UPDATE - expecting more downmovement.

Short
Bitcoin Liquid Index (BNC:BLX)  
Aurelius222  
BNC:BLX   Bitcoin Liquid Index
Trend Analysis Technical Indicators Wave Analysis Bitcoin (Cryptocurrency) trend longterm short potential summer downmovement
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trendanalysis indicator waveanalysis bitcoin trend longterm short potential summer downmovement
BTC/ showed weakness after breaking multiple trend resistance lines. After the bullish move we saw a few weeks ago where bitcoin broke the longterm trend resistance, everyone was hopeful again. Nevertheless, we are now testing it as support at a much lower pricelevel.

I expect the bear trend to continue during this summer to finally look for Queen trendline.
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