BitcoinShort
BTC IN A BEAR TREND
As shown by stars each top is lower, we are printing lower highs. We have a descending trend. This is a bearish sign. Also MA50 AND MA200 already became strong resistances and price is now much below MA200. I won't start thinking bullish unless we breakout the falling trend and stay above.
Yellow Lines are the monthly candle's borders, blue one is the mid price of the monthly candle.
Yellow Lines are the monthly candle's borders, blue one is the mid price of the monthly candle.
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