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JR-Forex

Bitcoin on its way to the low 30s

Short
Bitcoin (BITSTAMP:BTCUSD)  
JR-Forex  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Harmonic Patterns Chart Patterns Bitcoin (Cryptocurrency) BTC BTCUSD bitcoinforecast btceth
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trendanalysis harmonicpatterns chartpattern bitcoin btc btcusd bitcoinforecast btceth
Bitcoin has been trading within the same price range for days now. I do expect the price to go lower so the price finally grabs some liquidity. In addition, BTC has not accumulated enough to start another trend to the upside like we saw back in May. Back then the price traded within the same zone for about 63 days.

Stay safe and be patient.
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