Bitcoin
Short

BTCUSD has to get back up and over 6445

Aggiornato
After the lengthy sideways consolidation, BTCUSD has cleanly broken to the downside under 6220. It needs to get back up and over 6445 to consider this a failed downside break.
Trade attivo
The pace of worsening increased today. Given the lengthy basing pattern, there is still a lot of meat left on this bone. Protective stops on shorts at 6445 remain intact.
Trade attivo
Big 3-day rally under way with signs of capitulation; but, it still has to at least take out the highest high of the past 20 days. Protective buy-stops for shorts down to about 4500 to lock-in profits.
Trend Analysis

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