BTCUSD: Whats next? more up? down?

Updated

We have to pay attention to whats going on in the general market, as its will really help us make sound choices going into the close of the market.

Stay safe out there! The real money isn't made buying bottom or selling top; It's made after confirmation of trend.

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Nekkei broke down, Emini's followed. FTSE also showing red (not pictured).

bitcoin also appears breaking down from this double topish area

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PAY ATTENTION TO THE NEKKEI FUTS

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Nekkei Fut's could give us a lot of clarity on the asia session and if we see bitcoin make some lows

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we're still not out of the woods yet! lots of resistance ahead

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area's to watch

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second resistance was the line in the sand

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Bitcoin broke through some of that channel resistance but got cold feet trying to move past it the final hurdle.

Index futs are closing out the day in red, along with the underlying indexes they track. watch closely

JonathanKrier

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