BTCUSD: Wave Count Hints at Downside

Wait 5 sec.

BTCUSD: Wave Count Hints at DownsideBitcoin / U.S. dollarBITSTAMP:BTCUSDEarlCollinsBTC is looking increasingly bearish as the price has risen to a resistance zone formed by multiple factors: trendlines, the POC (Point of Control), and moving averages. The wave count also supports this bearish outlook / the bearish case.