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BTCUSD approaching strong resistance area (200 DMA)

Bitcoin (BITSTAMP:BTCUSD)  
alldyn_pip_king  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Wave Analysis BTCUSD btcusdshort btcusdlong fxast fxastindicator alldyn alldynpipking ellev8
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trendanalysis waveanalysis btcusd btcusdshort btcusdlong fxast fxastindicator alldyn alldynpipking ellev8
Just like with ETHUSD, BTCUSD is approaching a decision area. Will there be enough momentum to push through creating HH HL or will the market RBD? More evidence from the daily and weekly perspectives shows that the bearish momentum is stronger. Divergence is being seen between the price action chart and the oscillator.

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