BTCUSD is telling us a few different things right now and we are likely at a major turning point.
The current daily candle is right at the daily kijun/tenkan-sen, giving us a bearish signal if the price closes below them - but a bullish signal if we close above them. Yet we're still above a fairly thick bullish cloud, so it's rather early to say that the...
Now that BTC broke the 5800 support level it'll be interesting to see whether it takes a similiar path ahead to the one it took after the 2014 crash.
Nothing you should trade by, published this to keep track of its behaviour ahead, to see if history repeats itself and if so - how close it will be.
