Bitcoin's monthly MacD crosses down marks the end of the Bull
We have bearish divergences for a while now. Looking at the monthly chart our MacD crosses down. RSI is at 51.48 Prior bottoms have come in around 43.00 on the monthly. We still need to capitulate and shake some people out. There is always that chance that the greater market has another leg up to blow off top and in that case I believe Bitcoin could follow. Given what we have in front of us I think with Fed tightening we should enter a bear market and begin the process of grinding weak hands out.
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