Breaking of this line will send BTC to lower levels

2019年8月17日

My first TP at 9500 has come on gone. Now, in this pattern developing on the daily chart, price seems poised to be rejected and fall through this trend line. I expect 8300-8800 in this run down. Declining volume, inside an ascending wedge.....a breakdown is almost certainly imminent and at this stage, the bears are clearly in control.