BTC: The trend is always caught in the minority

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
When we think that the BTC is expected to break through the $8,000, the market gave us a heavy blow.

For 4 hours chart, MACD dead fork is running below the 0 axis. RSI is going down. the price is suppressed by the mid rail of BOLL. the opening is expanding. more important the price was dropped below $7,200 support line. although it rebounded immediately, there are no big funds coming in so we expect a bearish trend in the short term.

Above $7,300-$7,250 are all above resistance levels, you can place a short order around here. The ultimate goal is $7,050-$6,950. enter $6,900-$6,950
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