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WorldForex_Eng

BTC/USD is relaxing after huge move

Short
Bitcoin (BITFINEX:BTCUSD)  
WorldForex_Eng  
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Trend Lines Candlestick Analysis
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trendanalysis trendline candlestick
Tether issue was the main reason for BTC to make a huge spike on the daily chart. The price reached 7800, but then went below 6781 again. What’s next?
We think that BTC/USD is going to stay below 6781 for some time. Moreover, Bitcoin has some room to decline even towards 6177.
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