is moving in a clear downside bias, where the latest bullish
attempt failed to test and break the falling trend. The price could be forming a major descending triangle
, and thus i see the first target at 382.00. A break below 382.00 would be seriously harmful, as the measured move of the triangle formation points to -400$ ( a negative number ) what do you think that mean?
P.S: I stick to my earlier forecast that BTC
will be below $50 soon