Bitcoins weekly close .. Bitcoin / TetherUSBINANCE:BTCUSDTMrsNorris Bitcon has closed below the weekly 200 moving average, usually traders wait for a second candle for confirmation in the meantime going down to the daily chart we have had 6 days of rejection from the 20 moving average which is not cool for bulls To brake this structure mid term Bitcoin needs to do a daily close above 71,500 doller for a chance to hit the top of the trend line in the weekly chart at 81 - 84 k personally i think bitcoin is coming down to 35 k as my last prediction in January is still in play but this action could play out mid term keep watch for this weekly close