My analysis on BTC/USD

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

Mac_Dammy

BITSTAMP:BTCUSD

So far on this chart all i have seen are bullish symbols if you look at it closely at the chart from the 25 April there is a double top which as you know the means BTC /USD is in a bearish momentum seller took control of the market then you wait for a retest which we got on the 5th of may and down goes btc to 28750.97 and on the 13th on the chart we can se the 38.2 candle stick that still gives us a bearish momentum, well lets see how this plays out. with love fron your new strategist Mac.Dammy

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