Untested levels of support below $28k area
BTC/USD COINBASE:BTCUSD
Weekly chart showing long term double top on lower MACD …a common bearish pattern . If we get a close below $28k on the daily chart , then look for a pop around $24k then larger pop at $19-20k area. I’m not convinced that support will hold at current low $29,735. I’d like to see more volume . Nothing has changed fundamentally. Long term bull short term bear. Will wait to add to my position.
