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Mar 20, 2018 3:39 PM

BTC/USD - D1  

Bitcoin / DollarBitfinex

Description

In BTC/USD the asset searches for a recovery, but the technical indicators expose to us the weakness of this attempted. The asset is below, the 20 and 200 moving averages. In the U$ 12.000,00 level price, we have a double top. Hardly the investors are going to face up this indicator of a bearish move, with the Bitcoin close to breaking the macro tendency on 61% of Fibonacci. The unique buy zone right now is the Up trendline showed in blue, but with all these indicators of bearish power, this line is gonna fail soon, as a support.
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