benactonbond

Targets converge

Corto
BITSTAMP:BTCUSD   Bitcoin
General mood around crypto is very negative. Overall market cap down to just $293B from its peak around $800B in December. Bearish sentiment is taking over as technicals show signs of big selling. One of the biggest indicators is OBV not reaching a decent level at the second peak on March 5th. The double top doomed BTC and we now see targets for a short term flag and the longer term double top converging at $7250. Head and shoulders pattern from January points to values of $2500. Not looking great for cryptos.
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.