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BTC | Dead cat bounce to 9K is DONE
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Good luck.
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$8,925 is the last chance to close my long. Good luck!註釋
Selling pressure will happen if it closes below the daily 200 MA today註釋
*** Remember that when we have a dead cross and the daily 200 MA slopes down, we are in a bear market (TEXT BOOK - 101 trading). It could continue going down for the few months.註釋
My personal opinion, when I see it keeps getting rejected from the daily 200 MA and the daily 200 MA start to slope down, I would not want to hold any long position. I am OUT. Protect your money and good luck.
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