Bitcoin update. BTC-USD on December 13, 2018

December 14, 2018

As written earlier: support is weak, the market looks bad. At the moment, we observe breakdown of the lower edge of the pattern, which, in the case of fixation below, only strengthens the further decline scenario. The level at which we held now looks like resistance and if the breakdown is not false, then it will be very difficult to rise back at the moment. Every day, the probability of breaking through the last minimum and stepping lower all the more. Considering the possibilities of a positive, there is a chance to form a double bottom, so we recommend watching the market.

All the articles