All crypto currencies have a similar situation now. For BTCUSD , is has a broken trendline for a corrective wave, and a long-term resistance line from the top. Fibo 1.27 ,6k, has been hit once and will be hit again . Lower price like fibo 1.414 is also possible in the near future.
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i thought that btc will be bullish after march because of ipl in india. check the chart for previous years in every year btc will be bullish in april month.
meomeo888
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Are you sure? BTC touch the MA and bounce back. Look at the 1D chart, you will see BTC is being bullish.
SilverStar_Trading
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@meomeo888, Bullish? lol I hope you are joking, it was bullish for the past year, we JUST entered the bear trend a month ago and the death cross just revealed itself. We JUST started a bear trend and all signs point to downward action...
meomeo888
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@SilverStar84, LoL! Do as you think. Keep it up. That will made me and many peoples happy. Thank you! :D