This one is pretty self explanatory. Almost all exponential moving averages tell you that we are beginning to continue to trend down. Furthermore, our bull bear sentiment indicator tells us the trade is overcrowded. We also know its overcrowded from data released by IG and distributed by DailyFX. Not much else to say beyond this other than if you like your money stay away from Bitcoin, but that's been common knowledge for about two years.
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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.