Bitcoin Finally Breaking Down to 20 Week MA para BITSTAMP:BTCUSD por JordonH

supportandresistance fibonacci movingaverage btcusd btc btcusdshort bitcoin bitcoinforecast bitcoinprice bitcoinusd

Looks like Bitcoin is finally deciding on a direction.

Breaking down out of the large Triangle it has been forming for weeks,
While BTC has bounced at 30k support temporarily I expect a nice complete pull back further

Buying area is:
28000 safe purchase
24000 area ultimate bottom

20 Week MA is currently near the 24k area
Another strong support cluster resides near 22k

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