Correction on European indices accelerates. The DAX is a step away from triggering a major sell signal. Currently, buyers are defending on the long-term up trendline and the horizontal support on the 12900. That is a crucial level for future sentiment here. Bearish breakout automatically triggers a sell signal with the target on the 11900 points.
The FTSE managed to come back below the upper line of the ascending triangle pattern, which activates the false breakout pattern and opens a way towards the lower line of the triangle formation mentioned above.
Bitcoin is not dying but the sell signal after breaking the USD8,7k is on. The potential target for this drop is the support on the USD6000, which was a relevant level at the end of October and the middle of November 2017.