PolarHusk

BTC/USD (Bulls Last Chance?)

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
BTC /USD

-respecting trendline of resistance at the current price level
-double touch at the support area
-technically, we are on a 4H downtrend
-bulls only chance is to break this line
-and confirm higher above 9.3k to signal a potential bottom
-bearish side, if we drop below 8.6k support
-would be expecting more downside scenario in the coming days
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Comments

Nice analysis and chart, check my schedule

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