Bitcoin is staring at the abyss. Will it bounce off the 50DMA to grace or jump off the cliff to the 200DMA completing a broadening wedge and forming those fateful golden arches of doom echoed on smaller time frames...
Fake out or breakdown. Cash is king till we have confirmation of a restored bullish inflow.
Best of luck getting good entries and exits
Fake out or breakdown. Cash is king till we have confirmation of a restored bullish inflow.
Best of luck getting good entries and exits
Note
Slight 50DMA bounce. what next. sell wall on perpetual is rounding the top of a mini golden arch. For all faith in btc bounce baby bounce hahhaNote
Whoa, she kept bouncing and took the green road.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.