Currently, Bitcoin is setting up for a cliff dive. The downtrend has lasted for several weeks now and it now seems more than ever that it will continue. Keeping a close eye on the potential breakout zone. Anything is possible here but the current most likely scenario would be a move back to the 20-25k region.
A lot of cryptocurrencies are lining up to make similar moves in their respective graphs (see my ideas on DOGE and MATIC), they are not the only examples, just ones I have covered.
Still going short but treading very carefully.
A lot of cryptocurrencies are lining up to make similar moves in their respective graphs (see my ideas on DOGE and MATIC), they are not the only examples, just ones I have covered.
Still going short but treading very carefully.
