BTC/USD

2019年12月5日

Left Weekly Chart, Right 4H.

Since the penultimate week of September we have had the confirmation of the downward trend (in weekly chart but previously we saw that in August it lost strength with that lower maximum) which reached the first floor of the 6800, but before it bounced remarkably (with fury) to the downtrend line (remember that day that rose> 30%?). Now, he finally relied on the exponential moving average of 100 periods (weekly) so that it gives him a floor for short-term rebound. We must wait for a confirmation of the breakdown of the long-term bearish line to think about a change in trend, for now only rebounds (juicy, but high risk to be against trend)