In my opinion for education, not trading advice, Bitcoin is about to get rejected at these resistance areas and move down. You have the 200 day EMA in purple above about to cross with the descending trend-line from the all time high and multiple other highs its touched on the way down.
I think this has just been another, lower high, on the way down. Still in a bear market.
Look for a short if things fall below the light purple flag Bitcoin is currently in. And look for most of the Alts to follow.
I think this has just been another, lower high, on the way down. Still in a bear market.
Look for a short if things fall below the light purple flag Bitcoin is currently in. And look for most of the Alts to follow.