BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Waiting to see if the Tenkan remains below the Kijun to sustain this bearish TK cross. Price has dipped below the Kijun (Bold red line) multiple times in past 2 days, and is currently below now which is indicating a trend reversal. May find brief support at bottom of the cloud at $7.8k, but i expect a further downtrend to the Kumo Cloud on the 1 day chart at ~$5500.

Any constructive criticism welcomed.


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