BTC $32K This Weekend?
Bitcoin / U.S. dollar BITSTAMP:BTCUSD
BTC looks primed for a move down to $32K over the next 2-3 days. That price level may provide a temporary relief bounce, but even then price action could just continue down. This would be a last chance price level before continuing down to my $18K-$20k near term bottom.
Watch for a break of this bear flag on the lower time frames, which is just a smaller flag inside of a much larger bear flag that has already confirmed a break down.
Remember this is only my formed analysis outlook. This is not an endorsement or recommendation to buy or sell.
