Bitcoin losing momentum? Bear signals begin to appear intraday!
XBTUSD.P
BTCUSD
BTCUSD
BTCUSD
BTCUSD
On the 1H chart, bitcoin appears to have been a double top.
RSI, MACD and OBV demonstrate that the bears are dominating the action in the last 3 days. The 3 oscillators are in a strong downtrend.
RSI passed below the balance line (50).
MACD crossed below 0.
20MA crossing down 50MA and both pointing down.
I Believe that we should see a strong drop in the next few hours / days.
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God bless.
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