Bitcoin Bull Move on Hold as Downside Risks Grow

in #bitcoin6 years ago

The bear flag breakdown, a bearish continuation pattern, indicates the sell-off from the recent high of $6,820 has resumed and prices could revisit June 24 low of $5,755 (target as per the measured height method).

Informative article if you're looking to buy or sell bitcoin, article is full of technical analysis, looks like we could go down below $6000 fairly soon.Nothing but a sea of red out there right now. Oh well, if you're buying, it just got cheaper for you.

Read the full story here...
https://www.coindesk.com/bitcoin-bull-move-on-hold-as-downside-risks-grow/

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Bitcoin around $6100 right now fyi

Bitcoin Bulish?

I'm not short term, long term yes!

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