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BEARISH:
Now, Btc broke the 9243 support, the MA50 and the MA20, and now those MA are crossed, Bearish sign for the short term. I expect a test of the MA20 before the dump to the MA100.
BULLISH:
BTC had a very good and long consolidation between 9k and 10k, that is pretty bullish and healthy for the long term, and the most bullish sign i am seeing right now is the MA100 and the MA200 cross, we dont see that type of crosses everytime, they happend one or two times a year.
RESUME: Bearish for the short term to 8500, then bullish to 14000
BEARISH:
Now, Btc broke the 9243 support, the MA50 and the MA20, and now those MA are crossed, Bearish sign for the short term. I expect a test of the MA20 before the dump to the MA100.
BULLISH:
BTC had a very good and long consolidation between 9k and 10k, that is pretty bullish and healthy for the long term, and the most bullish sign i am seeing right now is the MA100 and the MA200 cross, we dont see that type of crosses everytime, they happend one or two times a year.
RESUME: Bearish for the short term to 8500, then bullish to 14000