ChartArt

The Bitcoin rally appears to be over - at least for now

Short
ChartArt Updated   
OKCOIN:BTCCNY   None
10
The price is sliding lower and lower. The weekly RSI is maxed out, just like Litecoin was in the past.
Next support is near 2035 CNY and if that level also breaks down, the next support range is at around 1575 CNY.

Litecoin's rally pump and dump as a comparison to the Bitcoin rally so far:
Comment:
The Bitcoin price is falling even more as predicted yesterday. Now down to 2200 CNY:

Comment:
the price is still falling like a stone, now below 2100 just one hour later

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.