BTCUSD is btc dying?

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Hello traders!
Bitcoin is in downtrend since 2017.12.17. We see lower lows and lower highs. Since 2018.01.29 we can see a main support line at $11863. I drew a triangle around the chart, but it broke this triangle and continues falling down. The RSI and Stochastic shows that the price will go lower. If the present candle closes under the triangle, I think that a short position is not a bad idea.
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I will update this.
so.. it's going up shortly then falling down to 6600
Benjamin99 viruseskom
@viruseskom, I think we must wait because the chart and the indicators say that the price will go lower.
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