Bitcoin possible bearish fractal spoted
BTC did new ATH with bearish diverengence on the DMI ...If history repeats itself ,we might have another push (probably to 70k)to grab that final liquidity on lower high @ dMI and we price could print triple bearish divergence. We had one back in May.Just like in May ,the ADX is also low ,signaling a strong move.We lost daily BB middle line ,that usually indicates a retest of the lower line ( bearish ) If fractal plays out ,a big dump could play out in the next 2-3weeks.
On the grand scheme,a double top ,one in May at 65k and now at 69k ish ,would look extremly bearish and could send BTC into a prolonged bear market
Target1 :22k
Target2:19k
Target3:14-15k
On the grand scheme,a double top ,one in May at 65k and now at 69k ish ,would look extremly bearish and could send BTC into a prolonged bear market
Target1 :22k
Target2:19k
Target3:14-15k
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