Bitcoin still has a bearish trajectory. But if we look to the left. Earlier in 2018 support was present here. So it may have some bounces here. I still have the view this support will break. And eventually target some deep drops.
The hour trend I talk about in the last 2 post still looks healthy for bears. This timeframe is just a tiny window. The red dots closed below maintains the short term trajectory bias. Not much more can be added to the last few months of post. The thing now is testing support. So some bounces are possible. I side with selling those bounces. Short term that circled and the arrow are a line in the sand. When that line is crossed it has short term searching for a lower low. Now with that said, It's normal to have a dead cat bounce to 6512.45/6698, before slipping below the surf. That bounce normally will occur before reaching 5954.32
The rest of the cryptos tend to follow.
