BitcoinShort
Bitcoin Upside Down — Crash Inevitable!
Inverting the chart is a fun exercise that I like to do sometimes.
After breaking support in March on high volume, inverted Bitcoin has been holding it as resistance for more than 6 month now. Touching the next resistance level in August produced a long upper wick and the price has been pushed below the first resistance zone again. The price is also moving in an ascending structure which is a bearish sign.
It's gonna crash!
After breaking support in March on high volume, inverted Bitcoin has been holding it as resistance for more than 6 month now. Touching the next resistance level in August produced a long upper wick and the price has been pushed below the first resistance zone again. The price is also moving in an ascending structure which is a bearish sign.
It's gonna crash!
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