Contrary to popular bullish sentiment, technicals indicate weakening of bull strength as this is approaching 0.618 fib. I may be wrong and Bitcoin could go to 16000$, This is bitcoin after all.
1. Bearish divergence in RSI
2. Volume is decreasing.
I have closed all my long positions and waiting in the sidelines
1. Bearish divergence in RSI
2. Volume is decreasing.
I have closed all my long positions and waiting in the sidelines
Commentaire:
Don't go short