Stugazi

Bitcoin breaking down?

Short
BITSTAMP:BTCUSD   Bitcoin
8
On a 30 minute chart we can see price touch or go through cloud briefly before turning up again. I'm using 30 min for this long term chart only to show this fractal as clearly as possible. It's more difficult to spot on higher timeframe.

Each rise has noted by the circles has been smaller than the last. Bitcoin price may finally be exhausted here.

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