JSBAnalysis

Continued decline in BTC

Short
BITSTAMP:BTCUSD   Bitcoin
My prediction is we are in a tight trend on the 4hr which is clearly in a bearish channel.

The shorts are still in control of bitcoin and if looking at outside noise this is likely to continue. For that reason I believe bitcoin will continue in the pattern shown in my drawings and we will expect a further decline. Huge support on the weekly around 28/30k region which is where I will be investing back into bitcoin.
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