CRYPTO WATCH // 02: BTC CME Futures open (26 April)
BTC broke down from its bearish pennant and is in a free fall at the moment and with the CME opening in 10 minutes this could make things worse. We are at the verge of calling a bear market! I personally think we can expect a bounce at 44K but going below it; I call a local top and a short term bear market There's still hope, we have a big gap above which could get filled in the coming week but if we do not have a good bounce upwards and recover to the mid 50's; this crypto bull party is over...
A live chart right here; lets see what happens!
IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.
A live chart right here; lets see what happens!
IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.
Note
BTC UPDATE: big bounce to the upside and gap filled immediately, looking bullish! Monday and Tuesday will confirm... 
Important update on Twitter on 10x Club, a weekly newsletter curated by me containing research & analytics on the crypto market & the amazing opportunities during the bear market - Check my Twitter or website link below:
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Important update on Twitter on 10x Club, a weekly newsletter curated by me containing research & analytics on the crypto market & the amazing opportunities during the bear market - Check my Twitter or website link below:
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.