hanggaa

hanggaa

Simply, when bitcoin correction touches MA 50 and death cross with EMA 50 then bitcoin will dump. In my previous analysis Bitcoin is in bearish crab and decreasing volume. If Bitcoin can break out from $52k, it will be surprising to me because the volume is not enough to break out $50k.

hanggaa

As we know in the chart BITCOIN is still on track to push to $49k and will correction to $42k, but unfortunately BITCOIN make a bearish crab pattern. So will see if BITCOIN can breakout from $51k resistance, it can surprising us.

hanggaa

BTC look tries hard to break the resistant MA 200 and make bearish crab pattern. I think BTC will go to retest the previous neckline HNS and in that situation BTC whether to continue bull run 2.0 or mega bull trap. I dunno why I still believe BTC is in a bear market because the volume is not enough to push up BTC. *Some idea from Skyrock Signal

hanggaa

I'm put major support at 23634.5 because of the reference from Elon tweet (Coordinates of Mexico)