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NodeInvestor
Jul 15, 2017 6:50 AM

Bitcoin Breaking Support 

Bitcoin / United States DollarCoinbase

Description

These are the levels I've been watching. I've been pointing out the descending triangle we've been in and it finally broke below it. Let's see how low it goes. It's currently at the next level of support so it could bounce here but ultimately, I think we're going lower. However, Bitcoin will present some fabulous buying opportunities. I'm still a believer long term but we're in a downtrend right now. Be patient and wait for it to bottom out.
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