MaksymKonstantynov

Down trend of Bitcoin Week

BITFINEX:BTCUSD   Bitcoin
Hi everyone. I see a global down trend on market not only bitcoin, But today we will be talk about Bitcoin. For first all peole talking about day time frame, but we have a more major time frame such as month and weekly. Now we will bw talk about weekly time frame. for first please looking on indicators (MACD, RSI, Stochastic) all these indicators show down trend, in the second the average 100-week moving time period in the zone of 4200 dollars, the average 200 time periods in the zone of 2500 dollars, in the third the lower part of the canal is in the region of 6000 dollars. I see no reason for much optimism, as large players look at the senior time period. And look at large wholesale prices (MA 100 and MA200) BTCUSD

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