FACTs ------------------------------------------------ 1. Up trend channel support(Sep.~Nov.) : broken(attempt to breakage : failed) 2. Middle down trend channel support(green dashed line) : broken 3. Small down trend channel support(cyan dashed line) : broken 4. 200 EMA : broken 5. 250 EMA : pierced 6. RSI : at support line 7. MACD : down trend 8. USDT problem : unsolved 8. CME contract expire date of Apirl : 27.04.18. -------------------------------------------------
The key of this down trend is "Which level is the 'normal' for bitcoin market?"