One more retest of new lows or another leg further down

Short

Bitcoin (BITFINEX:BTCUSD)

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BITFINEX:BTCUSD Bitcoin

Based on previous trends and stochRSI on the 4 hour, 6 hour, and 12 hour time frame I believe we will see another leg down to lower lows or a double bottom.

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Price action following my original call precisely. I am looking to start rebuying around $3500-$4000

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2 Hour and 1 Day stochRSI at overbought levels now. Get ready for another leg down.

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Bearish candle we just seen on 24/02/18 around 12:00 PM EST confirms we are on track with the original idea. Expect a small upward push to snap off shorts with tight stops and then resume down trend

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*Midnight

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