BITCOIN Bear Break Predictions by exxodus

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· @exxodus ·
$0.02
BITCOIN Bear Break Predictions
![Untitled.png](https://cdn.steemitimages.com/DQmSYf4BP5JrJ1mBjDPDkERnaRBtVDE662KE2r67LPYuBr4/Untitled.png)

Bitcoin is basically on it's 5th inside daily bar and it's likely there's a breakout coming over the weekend -- likely bearish if I had to guess. 

We saw an initial huge leg down with consolidation. Typically, the direction follows initial movement (i.e. bearish). Nothing really seems to be going for the bulls, so I can go along with this being a bear break. 

There's also a recent lower low from this bounce, so that's another factor hinting at a bear break. 

Have your stop losses set and have a great weekend!!! 


![trading.png](https://cdn.steemitimages.com/DQmQL7G2UAXEdM6fc1qkuqB8sEE82pHsB6o8nv4Rj3isrjV/trading.png)
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vote details (19)
@thelogicaldude ·
That is just about exactly whaty I am thinking. I use cryptohopper (https://www.cryptohopper.com/?atid=6921) to do my trading and have a stop loss set for -5% with trailing stop loss set to arm at 3% and activate at .75%. So it's all good over here!. Wait till it hits bottom and buy buy buy!!! That's this dude's plan for sure!
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@exxodus ·
Good plan!
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@crazystories ·
Nice post
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