BITCOIN SELL ANALYSISBitcoin / U.S. dollarBITSTAMP:BTCUSDCharts_M7MBitcoin remains under bearish pressure, continuing to print lower highs and lower lows on the intraday timeframes. Price is currently trading below the cloud resistance, suggesting that sellers still have control of the market. Unless Bitcoin can reclaim the recent resistance zone, I believe further downside remains the more likely scenario. As long as resistance holds, I favour the bearish outlook and will be looking for a move toward the lower targets.