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LA_Designer

BTC: $26.8K - $25.3K Targets

Short
Bitcoin (COINBASE:BTCUSD)  
LA_Designer Updated   
COINBASE:BTCUSD   Bitcoin
Trend Analysis BTCUSD
9
2
trendanalysis btcusd
Watch for a possible bounce at the .786 fib ($26.8K) or double bottom at $25.3K. If those levels break then I'd expect the final capitulation to the 200W MA.

Weekly RSI is extremely oversold.
Comment:
.786 has been reached.
Comment:
$25K target reached. Possible double bottom forming now. If this breaks down, then 200W MA.
Comment:
200W MA inbound.
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