TheUrbanInvestor

TheUrbanInvestor

BTC is forming lower lows and lower highs and looks to be stuck in a downward channel. I expect a test of its recent sub $4k low. Bearish UNTIL BTC Breaks this channel and forms a higher high

TheUrbanInvestor

Decent risk return ratio for BTC. Bulls seem to be losing momentum show the big wick rejecting the 200 EMA on the 4HR chart, decent R:R ratio showing only a risk of 3% vs a 22% gain