BITCOIN (BTC) Sell Approaching 03.25.19 #Crypto

Mar 25, 2019

• Bearish market structure.
  
• Price has already rejected the 71-78.6% fib retracement zone and with one 4H bearish engulfing candle, 5 days worth of price was crushed.
  
• We have finally closed beneath a very strong level of support/consolidation on multiple time frames.
  
• The bullish trendline is finally broken which gives us more bearish confirmation.
  
• With multiple timeframe confluence, we now wait for a retest back into key disturbance level ($4037.5) before selling towards $3687.50.