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TerryKinder

Bitcoin Weekly Technical Indicators Weak

Bitcoin (BITSTAMP:BTCUSD)  
TerryKinder  
BITSTAMP:BTCUSD   Bitcoin
Technical Analysis indicators analysis BTC BTCUSD Bitcoin (Cryptocurrency) PSO premierstochasticoscillator Moving Average Convergence / Divergence (MACD) ehlers kdj vervoortsmoothedoscillator Oscillators ehlerssmoothedstochastic elderimpulsesystem
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technicalanalysis indicators analysis btc btcusd bitcoin pso premierstochasticoscillator macd ehlers kdj vervoortsmoothedoscillator oscillator ehlerssmoothedstochastic elderimpulsesystem
Bitcoin, on a weekly basis, looking weak, but still has room to fall. MACD, Premier Stochastic Oscillator, Vervoort Smoothed Oscillator, KDJ, and Ehlers Smoothed Stochastic & RSI with Roofing Filters all are bearish.

I am especially watch KDJ as its strong movement down makes it look like Bitcoin price could make another run at $340 or below.

None of these indicators has bottomed. So expect more downside before Bitcoin price recovers.
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