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Kehrmaschine
Mar 5, 2018 6:27 PM

BTC vs USD in LOG 

Bitcoin / United States DollarCoinbase

Description

Yea.. self explainatory.
Just touched the downtrend line the second time. No clue where we are heading now.

Will update later on.

Trade safe!

Comment

To be honest, I did not expect it to happen that fast. I expected a slower decline. Binance FUD and Panic selling all comes together with a perfect timing, incredible.

Anyway, I see the price "recovering" shortly to ~10130 before we continue our drop.

Since this drop was just in lightning speed, I would not be surprised if we could surpass the 8800 level and go "directly" to 7600.

This will be a tough night.

Comment

Next bigger Target ~7200 Region.
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