BTC LONG TERM - BTC looks very bearish at the minute, on the weekly there is a red spot and it has to close above 20302 by the end of the week for the stochastic to cross up. If it closes above 20300 on the weekly then it might look a bit better.
BTC SHORT TERM - On the 1H it looks like it wants to put a short bottom in, but it could get rejected where it is now then continue going further down.
BTC OVERALL - Overall I think BTC has put a temporary bottom in but if it gets rejected we will go down further.
Let me know your thoughts in the comments and like my idea!!!!
BTC SHORT TERM - On the 1H it looks like it wants to put a short bottom in, but it could get rejected where it is now then continue going further down.
BTC OVERALL - Overall I think BTC has put a temporary bottom in but if it gets rejected we will go down further.
Let me know your thoughts in the comments and like my idea!!!!