XBTUSD (Bitcoin) The long term view
On 12/18/17 Bitcoin top ticked @ 19511.
Bitcoin fell by more than 69% to bottom @ 5922 on 2/6/18.
Bitcoin failed on the one day tested of the 50 DMA on 3/5, with our selling zone @ 12716-14320 above.
Bitcoin is now trading below the 20 DMA @ 10190 with our .382 level @ 9544 as some support.
Our bounce zone @ 8854-8161 is our downside target.
No long term signal here at this time.
BITCOIN daily chart