Here is the new daily outlook on Bitcoin, BTC/USD, as Europe is waking up. Asia has bought the pair and it has bounced but is currently retracing some of those gains. Trend is bearish on both Daily chart and intraday H4, so chances are there is some more downside before we are out of the woods. But Bitcoin has proved it can move lightning fast and sentiments can shift sharply, leaving old school technicians like myself buffled. Let's see how this saga continues.
