simplyansh

BTC Looks weak on Daily/Weekly time frame, Can fall further!

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BITSTAMP:BTCUSD   比特币
BTCUSD Is showing signs of further fall.
Based on Fibonacci Retracements, its has taken support from last possible quadrant of hope to sustain above that 23% around levels.
BTCUSD Has broken down crucial downward trendline with huge volumes, with sharp fall in prices.
On Upside, there is very little volume in buying as it has probably hit sentiments of many investors in these days.
More downside n pain can be expected in it.

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