BTC Renko Show futher bearish
BTC reached ATH just for a week. Approximately aroound 66k.
However the long bull wasnt expect to be extend till Nov. As you can see on Renko graph shown bearish wave continue to break the 60k support line easily on 3 days timeframe.
The question subject to how further BTC will dip before bull trend start again. Or the current situation is just a futher bull trend with a new high new low?
Personally if BTC able too bonce back towards it previous support which is 60k line , the accumulation will cont there and give a bit chance where the bull run can foreseen to cont. Vice versa will confirm bearish market
However the long bull wasnt expect to be extend till Nov. As you can see on Renko graph shown bearish wave continue to break the 60k support line easily on 3 days timeframe.
The question subject to how further BTC will dip before bull trend start again. Or the current situation is just a futher bull trend with a new high new low?
Personally if BTC able too bonce back towards it previous support which is 60k line , the accumulation will cont there and give a bit chance where the bull run can foreseen to cont. Vice versa will confirm bearish market
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