BTC currently stuck below the 200 EMA and December '17's peak. RSI bearish crossover could suggest a revisit of the local bottom at ~$17k. Failure to hold that level and 14k is the next key level which coincides with the same drawdown as last bear market of ~80% over a full year of retracement.
This kind of price action would suggest dropping much further down than the 200EMA which has always been historic support. A lot of bitcoins future is in the hands of traditional indices.
Not financial advice
This kind of price action would suggest dropping much further down than the 200EMA which has always been historic support. A lot of bitcoins future is in the hands of traditional indices.
Not financial advice