CryptoCoinSpec

Trend coming under pressure

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
BTCUSD current trend is coming under pressure with trend support at 8781.85. A close below this and the main trend turns negative. The 15 minute chart is currently pointing to a high probably that our daily trend will change. One positive for BTCUSD is that it's relative strength does continue to improve relative to other cryptocurrencies. From a daily trading perspective, BTCUSD needs time to develop a technically stronger pattern.
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