Guys you can see 3 rejections appear on my daily chart. That blue line now work as a major resistance for bitcoin. It did also a major resistance during 2014 and 2015. You guys scroll back and check it out( I am using Bollinger bands with the length of 200 SMA. I assume if bitcoin can´t break that resistance line, it is a downtrend and my three ema period give me also a feeling of a downtrennd. I am sorry if I am being too negative but it is just how I see on my chart.