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Mihai_Iacob

Bitcoin- 58500 is now resistance

Short
Bitcoin (COINBASE:BTCUSD)  
Mihai_Iacob  
COINBASE:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators Bitcoin (Cryptocurrency) bitcoinforecast BTCUSD BTCUSDT btcusdforecast bitcoinusd btcusdshort btcusdanalysis btcusdidea
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trendanalysis chartpattern indicator bitcoin bitcoinforecast btcusd btcusdt btcusdforecast bitcoinusd btcusdshort btcusdanalysis btcusdidea
Yesterday, Bitcoin has broken under 2 days consolidation's support and now we can consider it in a medium-term downtrend (at least I do)
My target for short trades remains 52k zone and traders can look to sell rallies around 58.500, which is now resistance.
Bitcoin above 61k would negate this bearish scenario
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