On 8H chart, the lines have started to move into the bearish half. We will soon check to see how this divergence works out. But I am taking a short position on some alts. As they will fall harder. Maybe this really is the last fall before the rise for now. But there is intrigue as to where it will stop. I am not conclusively convinced that 54K is a full stop.
Yes, and after this fall, bitcoin will break out of a multi-month uptrend channel. Down...
Comment
Canal puncture. It won't pay off quickly and immediately. We need to find support at one of the levels below. VFI/Stoch RSI give a clear bearish signal.
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