BTC/USD after recent sell-off brace for another drop!

30 Kas 2018

BTCUSD after finally breaching psychological $6000 level massive sell-off was triggered by stop losses under $5000 and $4000 levels. BTC found some buyers in $3000 leg, but the volume still shows bearish divergence. If the low of the move will be breached another "stop-loss" sell-off will start under $3000 and in my opinion buyers will step in at around $2200 level.