BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
Hey guys so far btc has had a nice drop in price, and i am expecting more to come , because ...

1. On the daily I see resistance at 200 ema
2. Bear flag formation
3. It plays well with Distribution phase of Wycoff's Idea.

It Might not play out exactly ,but this is just a sense of direction ,and price action you might see.
If you have any ideas that might support or oppose my idea please comment and post you'r idea .

http://stockcharts.com/school/doku.php?i... - if you are interested in learning a little bit of what i illustrated.

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