CryptoSwings

BTC USD to go lower based on bearish signals - Bottom in sight

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BITSTAMP:BTCUSD   比特幣
-20hr EMA just crossed the 50hr EMA for the first time in a LONG TIME
-Hidden bearish divergence that says we'll go lower by seeing that we have a trend of lower highs in price but higher highs on the Stoch RSI
-.618 Fibonacci is the ideal Fib level to retrace back to out of all other Fibs. It also aligns perfectly with extremely strong support from when we previously broke out and went sideways around the $11,900ish area. That's the target

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