BTCUSD Analysis: Risk for breakdown to $3,000

Despite recovery attempts, the downtrend remains firmly intact, with a fresh lower top sought out below $8,500, to be confirmed on a bearish continuation below the 2018 low. Only a break back above $8,500 would negate. The market has also seen a range contraction in 2018 that now points to an imminent surge in volatility. 

In this analysis, we take a look at Bitcoin each day, highlighting all of the need to knows for anyone looking to extract up to date information about major levels and relevant trends, both short term and longer-term. The analysis is designed for the trader, investor and even those simply holding the crypto asset, looking for an idea of where they may want to consider making that next conversion.

The cryptocurrency update is new each day and is presented with an added layer of animation, in an effort to make the an