#bitcoin☀️ Looking at #Bitcoin❗ on the daily time frame we can see our confirmation of MA200 as resistance. while in late September there was a fake breakout, this isn't the case this time around.

Yesterday we can see Bitcoin making an attempt to move higher #BTCUSD try to move above MA200 but failed. The session ended with a long upper wick and closing at the sessions low, a very strong negative candle.

We have a short term lower high and MA 200 confirmed as resistance. These simple signals indicate that Bitcoin is ready to continue lower in the days to come.