Possible Final Down Day Tomorrow... Before a small rally...
Recovery is possible, but we have one more Death cross waiting... *** The 4H Death Cross ***
The Bears are beginning to lose strength.... We may have 2-4 more down days, but charts and indicators signal that Bears are beginning to lose strength.
New Patterns emerge.... and not the Bullish kind...
Charts continue to point to more downside ahead. I didn't even cover FOMC or Federal Reserve interest rates... no need when the charts are still bearish.
FOMC signals multiple increases to interest rates... and cryptos take a dive.. Check out my analysis.
Tomorrow is FOMC minutes and that will either help the bulls or help the bears. Charts and cycles are leaning towards Bears.
Two new patterns spotted inside of the Bear Flag Larger pattern.
Update on cycles and charts as well as indicators telling the projected direction of Bitcoin.
Adding more context as to why cycles and indicators are pointing to lower prices.
Using cycles, I am not sure I see a rally here... Patterns suggest we have a possible drop coming in April.. but a significant Drop....