BITCOIN BEARISH IDEAS
First of all, all should now i am always bullish on #bitcoin long term. These are just some bearish indications we should be watching right now
Let's assume we're bearish short-mid term and make a list why #btcusd should be bearish:
1-Lower highs (20k->14k)
2-Monthly Ichimoku
3-Weekly Ichimoku
4-Daily and smaller time-frames bearish macd div
5-Falling fiat volume till 20k top (this is also the worst cause we need much more fiat volume coming in, in order to price go up)
6-Our last pump getting more likely to a correction channel (not valid until a clean break)
7-We're still inside the correction range despite all of this massive runs, couldn't able to break it
Let's assume we're bearish short-mid term and make a list why #btcusd should be bearish:
1-Lower highs (20k->14k)
2-Monthly Ichimoku
3-Weekly Ichimoku
4-Daily and smaller time-frames bearish macd div
5-Falling fiat volume till 20k top (this is also the worst cause we need much more fiat volume coming in, in order to price go up)
6-Our last pump getting more likely to a correction channel (not valid until a clean break)
7-We're still inside the correction range despite all of this massive runs, couldn't able to break it
I believe trading is a dynamic organism, and dont folow static plans. So i try to measure momentum and trade level by level. My trading setups are trad-able only in my style. I do not advise you to follow my trades, but only see a different perspective
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