Why is BTC bearish?
Updated
1. expiration of CME BTC futures (it may bring fake movement up tomorrow)
2. very poor volume - keep in mind (this is not a bottom)
3. lot of rejections on long term trendline
4. indexes and gold will be falling (probably)
2. very poor volume - keep in mind (this is not a bottom)
3. lot of rejections on long term trendline
4. indexes and gold will be falling (probably)
Note
5. Death cross (MA50xMA200)Fake rally maybe began.
Note
Buying now is very risky.Note
The key movement tonightNote
There will be a fake movement up or finally a retracement of this artificial growth?Write what do you think in the comment.
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.