BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
The emotions of the group of people that bought between 4000 and 7000 is about to be tested next. BTCUSD is inside a very strong downtrending channel... This group of investors may be more content or care less to sell as their losses are seemingly smaller (compared to those that bought at 12000 or higher and now cry bitterly) so it may take longer to go through this part. Unless the channel break, with evidence, this thing goes down... no fancy charting reuired for the ---coins at this point...


Ethereum is showing a very similar trend
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