Bitcoin falling below all three major EMA's

Negative price action, if you want to call it that anymore, continues. BTC has rejected at the 100 EMA three times before it fell below the 50 and then the 20. As of this posting major support sits at about 8600. If it breaks that level prices could plummet into the mid 7000s.
Bitcoin (Cryptocurrency)BTCBTCUSDChart PatternsTrend Analysis

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