Bitcoin Marco warning
Bitcoin dropped below its bear flag formation, failed to get back above the 50 MA on the 1D we’ve broken through the .618
The death cross on the 4hr played out well, the sell pressure is stronger than the buying.
Until we can get back above 10,700 it’s hard for me to be bullish now that Iv seen this. Unless the bulls come back in force and put in a double bottom here, the parabola could be over.
The death cross on the 4hr played out well, the sell pressure is stronger than the buying.
Until we can get back above 10,700 it’s hard for me to be bullish now that Iv seen this. Unless the bulls come back in force and put in a double bottom here, the parabola could be over.
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