BTC as safe heaven? Not at all!
Hi guys. As you can see, technical damage on BTC 2019 uptrend is huge. Bitcoin was not to able to establish higher high and broke down upside triangle. IMHO is this clear confirmation of the downtrend (price has created lower lows instead of higher highs). We are currently backtesting
this triangle and we should see aggressive selling to the next strong support - 3K.
Take care!
-DP-
this triangle and we should see aggressive selling to the next strong support - 3K.
Take care!
-DP-
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