Bitcoin looking very similar right now to January/February preceding the dump to 6k. The 4 hour RSI helps tell the story. Breakout longs will get rekt.
Apple doesn't look great on the monthly timeframe. -bearish divergence -low volume -rejected at trend resistance There is however a bullish divergence that could give it a temporary boost back to the trend resistance so shorting at this price would be risky imo. Side note: Facebook recently took a hit when news came out about their privacy issues. Wouldn't be...
My first idea on here. Potential outlook for Bitcoin in the coming months based on the 2013-2015 cycle.