#Bitcoin fired off to the downside. This doesn’t really surprise me as it was a strong, established #resistance trendline (red) versus a soft, new #support trendline (green). We’re going to need something stronger to push us up. The confidence needed in #BTC is still not there. The #FUD continues to win, but it can’t win forever. Tip: when you see an entire 4hr candle open and close beneath a support…twice…its a good scale out indicator (blue arrow).