BitcoinShort
Bitcoin is losing its bullish momentum.
As you can see from the chart, the 3 recent tops Bitcoin had done were becoming weaker and weaker, meaning the uptrend is losing its power and is ready for a dump. To support the prediction, we can also see the volume is decreasing, hence the momentum loss. With the incoming recession, this means Bitcoin has still room for dumps.
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.