Log Downtrend NOT BROKEN, Still Expecting Capitulation at $4.8-5

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Building a short in the green box.

Still no bullish movement in longs.

Crypot funds waiting for $4.8K.

Will update

I agree we will bounce downwards on the trend line.
4.8 is close enough to 4.4
Selling at 87**/88** (if it does reach there), wait and see what happens.
SuperShibe JacintoMonteiro
@JacintoMonteiro, this is a level I will be watching closely, right now it looks like we might have a push out of the small 2hr bull flag. This would test the $86** region.
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