Bitcoin Trend Reversal Indicator became 1Bitcoin all time history indexINDEX:BTCUSDasdaf06We previously discussed the Bitcoin Trend Reversal Indicator. We mentioned that: 0 = Trend Continuation 1 = Strong Move Incoming 2 = Reversal 3 = Trend Confirmation The indicator has now reached 1. This suggests a high probability of a strong move ahead. From my personal chart analysis, I believe the direction is almost confirmed to the downside. As you can see on the chart, if the support level at $67,300 is broken, we are likely heading toward $62,300. If that level is also breached, we will enter a new lower phase. On the other hand, if the price remains above $69,600, we may see a move toward $85,800 after some time. *As I mentioned before regarding the "Bitcoin Reversal Indicator," values 0 and 1 are flexible and subject to change. *As always, this is my personal opinion and not financial or investment advice.