TylorHunn

BTC losing strength?

做空
BITSTAMP:BTCUSD   比特币
I know it is sad to see but it looks like BTC is losing strength. This can be seen by the transition from Higher Highs (HH) and Higher Lows (HL) to Lower Highs (LH) and Lower Lows (LL). Not to mention that the RSI is showing weakness in buying power. There was also too much resistance in this 59000 range that could not be surpassed. The behavior of the market was very similar to 2017 where towards the end of the BTC rally, you saw altcoins like ETH, LTC, and (for some reason) DOGE skyrocket. But it is my belief that this time has come to an end as many alts are now losing momentum. Good luck to all as we potentially enter this bear market for the next couple of year. It has been a great 2020 BTC run.
免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。