If you're long on Bitcoin, you should be cautious now. Bitcoin looks as if it may be falling from a bull pennant, whenever it does this, this can be a VERY bearish sign within Crypto. If we see price continue to break down that may be the end of the run as we know it. We'll have to keep an eye on it here to see how this plays out.
Note
Here's the possible wave count for those interested
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Related publications
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.