Geeves

$BTC accumulating, downtrend still firmly in place

BITFINEX:BTCUSD   Bitcoin
4-hour chart
We are in a major downtrend, a trend seldom reverses without warning like loss of momentum followed by a period of accumulation. Is this where we are now?
Personally I will not trust a reversal without $BTC testing the $3000-3200 zone again.

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