The 2 years long downtrend seems to be still in play unless BTC breaks out of this fib fan, looks like it bounced right off of it in the last move!
Looks like we hit a tough resistance level around 271, time for some correction, targets: 252, 244!
BTC still struggling at the dump level, but looks more and more leaning to the bottom as breakouts seem to be weak and sell pressure is too strong at levels past $245.
Looks like BTC failed to recover from the massive dump, lower levels expected.
