Bitcoin Price Down; Bearish Overarching Momentum / 

It seems the bitcoin price is determined to give away some of the gains we saw in July, this month. We have noted 285 as a key resistance level a number of times this week already, and – having reached it and corrected from it two or three times on Monday/Tuesday, it now looks like we are in for some downside momentum before we reach it again. The bitcoin price declined throughout the majority of yesterday’s session, and looks to have declined throughout the Asian session on Wednesday evening, so, as we head into Thursday, are overarching bias must be to the downside. With this said, what are the levels we are looking at in the bitcoin price during today’s Thursday European session, and where will we look to get in and out of the markets according to our intraday breakout strategy? Take a quick look at the chart.