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Like2Move

It's time for the bulls to rest

Short
Bitcoin (BITFINEX:BTCUSD)  
Like2Move Updated   
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Wave Analysis
8
7
trendanalysis waveanalysis
Price is overbought, wave V already completed.
It's time for a larger price correction, to the 44k ... 40k area.
Comment:
On the Weekly timeframe:
snapshot
Comment:
Very important 53k support level has been broken, more to the downside expected.
snapshot

Related Ideas

Like2Move
What happens next
Like2Move
Next strong support - @43k area
Like2Move
51k: more to the downside expected.
Like2Move
I guess where the turnaround will be: below 63k
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