Bitcoin has been moving south for sometime now and is marred by dips after dips.
Going by the pattern looks like the damage is far from over. Bitcoin is currently moving in a symmetrical triangle and is moving towards the last point on the chart at point E.
Once it reaches point E, it should start dipping and next support it can find is at 29K zone.
At...
After huge fall of bitcoin price, now it's believed that bitcoin is to rise again. For short-term position it's expected to rise to 9900$ at least . If the price manages to cross its resistance trend line, set up for long position.
