couldnt breakout of the bearish trend
. Creating bearish
formation heading to 9257 support. I believe the 9257 is an extremly important support becuase if the support hold BTC
might attempt to finish the reverse head and shoulders
pattern. However, Breaking the 9257 support will invalid the inverse head and shoulders
to a double bottom
support at around 6K. This also means the BTC
will be under the 200 MA in the daily time frame. In a normal market this means we are heading into a bear market in crypo. Be safe.