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Mihai_Iacob

Bitcoin is challenging support

Short
Bitcoin (BITSTAMP:BTCUSD)  
Mihai_Iacob  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators Bitcoin (Cryptocurrency) bitcoinforecast bitcoinusd bitcoindollar bitcointrading bitcoinanalysis bitcoinshort BTCUSD BTCUSDT
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trendanalysis chartpattern indicator bitcoin bitcoinforecast bitcoinusd bitcoindollar bitcointrading bitcoinanalysis bitcoinshort btcusd btcusdt
After breaking under the ascending trend-line, Bitcoin has had a new attempt to conquer 50k, and failed.
Now the main crypto is sitting on 47k support and looks like it could break under.
I maintain my bearish outlook for BtcUsd and my target remains in 40k zone
Interim support is at 44k and a sustained rise above 50k would change my opinion
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