KapitanKris
Short

Bearish Bitcoin broken below 200-day MA again

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin is looking very bearish at the moment.
It bounced off of the downward trend line , which coincided with the 50-day MA and $12k resistance zone . It has now crashed through the 200-day MA again and it did not build up strong support levels on the move up to $20k
RSI is not oversold yet so I think it has quite a long way to go down...
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