BitcoinShort
BITCOIN IS IN CLEAR DANGER IMO
Trend line that acted as support way back at $400, $6500 and $7000 now acts as hard resistance.
Also the trend line from $11,700 and $9900 also acts as hard resistance. I think this is going to get
ugly again soon with a test of $6800. From there a small bounce up to hit these brick wall resistances
and then further movement down to around $5300. This correction is far from over IMO. Be careful out
there people! LTC hit these brick wall trend lines at $180 and it's been disaster ever since! RSI for BTC
also stretched to the max....
Also the trend line from $11,700 and $9900 also acts as hard resistance. I think this is going to get
ugly again soon with a test of $6800. From there a small bounce up to hit these brick wall resistances
and then further movement down to around $5300. This correction is far from over IMO. Be careful out
there people! LTC hit these brick wall trend lines at $180 and it's been disaster ever since! RSI for BTC
also stretched to the max....
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