Follow the lines - the slow decline continues

25 Mar 2018

This is no EW analysis but a simple peak ->peak line continuation. Taking a big step back, it's plain to see that BTC will trend lower overall. As for a reversal, it's too early to tell.

25 Mar 2018

Not

I'd post another chart with 4h candles and maybe I will, but it just dove again after hitting the top line.

25 Mar 2018

Not

If this slope continues, consider 8,000 being the max by mid-April.