BTC still in a downtrend
Updated
Bitcoin is currently in a negative trend, which was broken in the short term on September 1.
After the flash crash, Bitcoin could not recover further and is still in a downtrend.
The 100MA could still serve as a good support so far.
After the flash crash, Bitcoin could not recover further and is still in a downtrend.
The 100MA could still serve as a good support so far.
Comment
Bitcoin continues to downtrend as predicted. I suspect that we will leave the downtrend around the beginning of October and break out to the upside.
Should the 40000 not hold, I see much lower prices.
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