BTC has broken below our current trend and is trying to find support around the $4900 range. If this range breaks I am not seeing much support on the way down to the low 4000's. Waiting to see what happens at the $4900 range before taking any trades. ***Not shown*** The 200 MA should act as support on the daily time frame, something to keep an eye on. (Around $4600)
Comment:
Holding $4900 for now. Clear but small bounce so far.
Comment:
Lackluster bounce tells me we go lower.