AlanSantana

Will Bitcoin Bounce Back Or Continue Dropping?

BITSTAMP:BTCUSD   Bitcoin
I looked at the 4H, Daily and Weekly timeframe on the Candles, RENKO and Line break charts... They are all giving out bearish signals.
We still have price action though.

All the signals are bearish.

There is a possibility of a bounce over the weekend to resume dropping on Monday or simply straight down...

The conventional markets are fully red...

TSLA 2nd Bearish Cup Filled...

S&P 500 Index And Bitcoin, Correlation Continues

S&P 500 Index Bearish Indicators (MACD & RSI)

Nasdaq Extreme Bearishness Weekly

Nasdaq Bearish Indicators (MACD & RSI)

UKX Lower High

The Altcoins will continue with their own cycle (bullish) though.
(All altcoins minus the top ones).

Namaste.

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