JSiminoski

If these turn red - Expect Further Downside for Bitcoin

Short
BITSTAMP:BTCUSD   Bitcoin
Looking back across the daily chart for the last two years paints a clear picture.

If this ribbon turns red then expect further downside at worst or further consolidation at best.

Long term everything looks fine but over the next week or two I can see more downside/consolidation as possible.

>Even if you are not ready for the day, it cannot always be night<
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