What is an Examples of a Bitcoin Down Trend? Identifying Down Trends in Bitcoin Trading

A downwards bitcoin trend in bitcoin trading is the tendency of bitcoin prices to move in a downward direction for a period of time in a general direction downwards.

Down Trends can be analyzed using downwards bitcoin trend lines.

Downward bitcoin trend line analysis helps traders to define the downward direction of the market. Down bitcoin trend lines connect a series of bitcoin price highs forming a sloping bitcoin trend which represents the general downwards movement of the bitcoin price.

For a downward sloping line this is known as an down bitcoin trend - bitcoin trendline plotted is referred to as an downwards bitcoin trend line.

Downward BTCUSD Trend Line

A downwards bitcoin trendline is drawn above the pattern formed by consecutive lower highs, it must connect at least two highs, with most recent high being lower.

Since bitcoin price moves down in a zigzag manner traders normally draw a line which shows the general downward direction. In btcusd market technical analysis, this general direction is known as the Bitcoin Trading TREND by cryptocurrency traders. This down bitcoin trend-line is drawn on Bitcoin chart showing the resistance areas (bearish bitcoin trend market direction).

Crypto Trading Down Crypto Trend Definition

A down bitcoin trend occurs when the bitcoin price forms a series of lower highs and lower lows. Each bitcoin price high is lower than the previous bitcoin price high - lower high, & each bitcoin price low is lower than the previous bitcoin price low - lower low therefore showing bearish bitcoin price movement.

Bitcoin Trading down bitcoin trend-lines gain more validity each time bitcoin price touches but does not penetrate the bitcoin trend line. A down bitcoin trend remains the general direction until this series of lower bitcoin price highs & lower bitcoin price lows is broken - bitcoin trendline break reversal bitcoin signal.