Get started
Bitcoin
Short

Bitcoin - Bearish Indicators

By Trader9898
BTC is displaying some bearish indicators lately, including breaking a long term triangle to the downside (blue lines) and having the 200 day moving average (purple) be crossed by the 50 day moving average (red). While no single indicator is conclusive, the change in the chart pattern from just a weak ago suggests more pain ahead.
Bitcoin (Cryptocurrency)bitcoinforecastBTCBTCUSDbtcusdshortBTCUSDTChart Patterns
Trader9898

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.