TradeTheIndex

Is Bitcoin about to enter Downtrend 123 top confirmed!

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BITSTAMP:BTCUSD   Bitcoin
Hey Traders so I just noticed that there a 123 top on the Bitcoin chart that has now completed. I think this can be a possible trend change coming if more sellers continue to push the market lower. I am not totally sure the correlation of Bitcoin to other crypto currencies as I am still new to this market. But from what I am reading they are correlated and follow Bitcoin to a certain degree. As a new crypto trader I did buy a few coins with tron and siacoin and I am noticing weakness ever since Bitcoin has started to also weaken. Let me know your thoughts on Bitcoin!

Enjoy!

Trade Well,

Clifford


(All opinions expressed are for educational purposes and this is not a recommendation to buy or sell)
(Always use risk management before entering any trade)
(Past performance is not guaranteed for future results)

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