Short

Bitcoin BTC/USD Coinbase headed lower

I believe that bitcoin is headed lower. The monthly, weekly, 4 day and 3 day stoch RSI is headed down. Lower time frames are up but we to be in a dead cat bounce. I think 57k local top or we could push to 60k then back down I think we will see the macD have weak cross on the daily. I will follow up as this unfolds.

Note

Typo correction: Lower time frames are up but we are in what looks like a dead cat bounce.

Note

We will either bounce at the .5 fib or fall further down. We'll have direction soon.

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