$BTCUSD - Market Analysis for Dec 31st, 2018

Bitcoin needs to hold the Dec 27th low (3622) in order to maintain the immediate setup for higher in blue. Below there and this drop will likely extend down to 3400 or worse.

BTCUSD - Micro - Dec-31 1526 PM (1 hour)
BTCUSD - Micro - Dec-31 1526 PM (1 hour)
Garrett Patten is a senior analyst at ElliottWaveTrader covering both U.S. and international equity indices as well as stocks.