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Bittrip69

Bitcoin Downtrend

Bitcoin (BITSTAMP:BTCUSD)  
Bittrip69  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators BTCUSD Bearish Patterns
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trendanalysis chartpattern indicator btcusd bearish
Bitcoin currently keeps getting rejected by the 0.382 resistance fib level and is clearly in a downtrend. next target should be 0.5 fib support 8.8k. Breakout in the coming days will occur.

in other notes, bitcoin is also forming a bear flag on the 4hr time frame.

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Bitcoin possible descending triangle.
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