If BTC doesnt hold $45k its gameover for bulls. (I am SHORT)
-M formation top on 4hr chart.
-Strong rejection by daily 200 MA.
-Textbook Bear flag forming, high probability is breaks down.
-Yield curve inverted meaning investors are starting to take risk off the table. Also, historically a recession indicator.
-4hr 200 MA is next target at $42200 short term.
-Strong rejection by daily 200 MA.
-Textbook Bear flag forming, high probability is breaks down.
-Yield curve inverted meaning investors are starting to take risk off the table. Also, historically a recession indicator.
-4hr 200 MA is next target at $42200 short term.
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