Short

BTC fake bully rally!?

Macro trend still bearish if we look at weekly chart! Don't rush to buy BTC! From a swing trade perspective you should focus on shorting the market in some areas. I don't think we will see in a few hours price higher than circa 7.65 K, and for sure we can see 6.3 K any minute! Many people who longed below 5K want to take profits, and soon or now they will click a SELL BUTTON. RSI is another SELL SIGNAL for us! Look also at the United States economic indicators. They are certainly fatal and this situation will affect global markets and economies for sure. It will affect many values like currencies, cryptocurrencies or resources. All that plus black swan COVID-19 and prediction of the well-known trader #J0E007 tells me WATCH OUT! This can be a fake bull rally! I my opinion we must be prepare for retest areas 3.85K - 5.5K. Of course this is only my opinion and this is not a financial advice!

jacoIIgrozny

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