[Bitcoin] bear market signals (update2)
Currently we still have long term bearish signals :
- a great wave of Wolfe
- a bearish MACD divergence
- a huge bearish RSI divergence
- a strong resistance area around $60K
- a regular increase in institutional short positions (COT report)
- a significant drop in volumes
- a MACD bearish cross in weekly
- a death cross coming
- regulations and taxes in preparation
From my point of view there is a real likelihood of a market reversal.
This publication is a trend hypothesis.
- a great wave of Wolfe
- a bearish MACD divergence
- a huge bearish RSI divergence
- a strong resistance area around $60K
- a regular increase in institutional short positions (COT report)
- a significant drop in volumes
- a MACD bearish cross in weekly
- a death cross coming
- regulations and taxes in preparation
From my point of view there is a real likelihood of a market reversal.
This publication is a trend hypothesis.
Comentarios:
Operación activa:
Operación cerrada: objetivo alcanzado:
$37K reached
