Looking A Like Another May 12th 2021 Crash
Things looking very bearish for Bitcoin and the entire crypto market. The 100 DMA is crossing below the 200 DMA, MACD about to cross bearish, room to move downward on the RSI and Stoch RSI, and those three combined with the Williams %R look very similar to the crash of May 12, 2021. I've been saying for weeks we are in Phase D of distribution not Phase C of accumulation. Looks like we are about to enter Phase E of distribution.
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