Bitcoin
Short

Bitcoin Has Broken Below Its Rising Consolidating Channel

This bearish channel has showed a continuing weakening of buying. I have been predicting that it may deteriorate, and it has now pushed below that channel.

I have longer discussions on Bitcoin in the previous posts I've made on it, so be sure to check those out if you're interested.

Also, the weekly fast stochastic RSI line continues to lead the slow line down.
Bitcoin (Cryptocurrency)Chart PatternsTechnical Indicators

Also on:

Disclaimer