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ForexAnalytix

Bitcoin bearish pennant in play

Short
Bitcoin (BITSTAMP:BTCUSD)  
ForexAnalytix  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Beyond Technical Analysis bicoin
3
0
trendanalysis chartpattern beyondta bicoin
The bearish pennant is playing out, and it targets the 7000 level if it plays out fully. Which, long term, is the 2017, 2018 and 2020 trend line would come in around the 7K level too.
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