graham.edwards84

BTCUSD failing to find support

BITFINEX:BTCUSD   Bitcoin
BTC failed to find support at the 200 MA on the 10 minute chart (pink arrow). Now on the 20 minute chart and it looks to be failing support here. Bears seem to have more control now. We will switch to the 30 Minute chart and see if the 200 will hold BTC from a steepening failure as you can see by the vectors.
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