BTC seems almost certain to play out

2021年3月6日

The displayed chart seems almost certain to play out in my opinion. Please check yesterdays chart also. The bigger question for me... Is this just a correction or is this a reversal in long term trend?? Until we lose the 99EMA it's partly guess work. I'm sure we will get a big bounce there. But looking closer at other indicators there does seem to be a huge amount of weakness. We won't find out for certain until Bitcoin fails to break previous high. Like I said just long term guess work at the moment. But seen this scenario play out thousands of times over the years, on many different time frames. All the best guys