thedutchgopher

Looks like BTC is heading to €35k

Short
thedutchgopher Updated   
COINBASE:BTCEUR   Bitcoin / Euro
Looks like BTC is heading to €35k, a close below the 50-W MA will be a strong sign this bull cycle is over.
Comment:
The old support is now clearly new resistance.
Trade active:

35k looks inevitable and i certainly wouldn`t exclude a drop to 25k the coming months.
Trade active:

35K incoming.
Trade closed: target reached:

Target reached, trade closed. Do expect further decline.
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