Bitcoin Breaking Down at $20k Resistance

9 thg 12, 2020

Bitcoin has a confirmed breakdown at 20k resistance. The RSI + MACD divergence on the daily chart has played out after the tail wedge had formed and we now have a confirmed breakdown. From here price should visit the 17.2k level and possibly even the 16.2k level. 14K is in play as well but it would require some significant FUD or major market event.