We pumped from 7.400 to 9.600 (29%) two months ago, but the bear trendline kept his downtrend :downtrend: continued.
24h ago, BTC hit 6.500 following a (15%) pump wave til 7.500 peak. Nice short profits, now back to the main longterm trend.
Bulls are enjoying a small flash pump which is necessary in any trend (up or down) in order to short and continue the trend.
BTC trend remains the same; downtrend.
Most FA and TA, even the mainly one 200EMA, are still intact. These indicators explain how BTC will hit 3k :downtrend: by early Spring.
horterm: downtrend ($6800)
Midterm: downtrend ($5900)
Longterm: downtrend ($3000) - March 2020
24h ago, BTC hit 6.500 following a (15%) pump wave til 7.500 peak. Nice short profits, now back to the main longterm trend.
Bulls are enjoying a small flash pump which is necessary in any trend (up or down) in order to short and continue the trend.
BTC trend remains the same; downtrend.
Most FA and TA, even the mainly one 200EMA, are still intact. These indicators explain how BTC will hit 3k :downtrend: by early Spring.
horterm: downtrend ($6800)
Midterm: downtrend ($5900)
Longterm: downtrend ($3000) - March 2020
