TV friends,
In the long term (+1 yr), I'm extremely bullish on BTC .
However, in the short term (>1 yr), I'm very bearish . BTC broke the 20 and 50 MA. With the holidays and Winter around the corner, I suspect focuses and attentions will be directed to something other than BTC and money pulled out to secure gains/losses.
Until I see a signal of bullish movements and a break above the green trend line , I'm simply an observer.
If we break the 100 MA, we could see a dip to $39,000 - $19,000.
GL
In the long term (+1 yr), I'm extremely bullish on BTC .
However, in the short term (>1 yr), I'm very bearish . BTC broke the 20 and 50 MA. With the holidays and Winter around the corner, I suspect focuses and attentions will be directed to something other than BTC and money pulled out to secure gains/losses.
Until I see a signal of bullish movements and a break above the green trend line , I'm simply an observer.
If we break the 100 MA, we could see a dip to $39,000 - $19,000.
GL
