ChartArt
Short

New downtrend risk for Bitcoin

BITFINEX:BTCUSD   Bitcoin / Dollar
381 2 2
After a few happy Easter days 2015, the bears are starting to drag the price down once again. If they succeed the next lower target area could be around $220.

Bulls need a lot of power today to reverse the growing downtrend. Or the market is 100% manipulated and the entire massive price dump today was fake and intended to trick people to sell.
Gravvi
2 years ago
"dump today was fake and intended to trick people to sell" haha nice bull-bias but price drop is real
-1 Reply
rubenthin PRO Gravvi
2 years ago
I have a bullish and a bearish version of this drop...the bullish one is a 71% retrace finishing at $246...so far that's looking realistic...looking for a close tonight at or above 246
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