Will Bitcoin continue the downtrend?

22 нояб. 2019 г.

With candlesticks, it actually looks scarier, the +30% move got a quite aggressive rejection. The price is probably headed to the 2018 6k support. We may see a slight bounce but it is not necessary. I'm net short and will probably add more to the position if we get some type of a SR flip. Be cautious with this type of price action as it can be trappy.

This is not financial advice.