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PolarHusk

BTC/USD TA Update (Bears In Control?)

Short
Bitcoin (BITSTAMP:BTCUSD)  
PolarHusk  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators BTCUSD Bitcoin (Cryptocurrency) btcshort BTCUSDT btclong
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trendanalysis chartpattern indicator btcusd bitcoin btcshort btcusdt btclong
BTC/USD

Bearish rejection from old support turning into new resistance with a spike in red volume confirming strong downward momentum plus cross of 50 & 100 MA.
It is bearish within this 4hr TF and there is highly probable to retest the 0.786 Fib support. Not advise going Long yet until we break above 7400 and consolidate.
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