BTC Deathcross approaching - the chart bulls dont want to see
Why nobody see this???
If price stay in 7800-8200 levels a few more days (2-3 weeks maximum) , we could most likely see a deathcross like 2018!!!
To break downtrend at the moment, we need a lot buyer pressure, but buyers slowing down while sell pressure is very strong as closer to 9000 we go.
Remember - we stuck in a downtrend since 7 Months.
- no investment advice
If price stay in 7800-8200 levels a few more days (2-3 weeks maximum) , we could most likely see a deathcross like 2018!!!
To break downtrend at the moment, we need a lot buyer pressure, but buyers slowing down while sell pressure is very strong as closer to 9000 we go.
Remember - we stuck in a downtrend since 7 Months.
- no investment advice
Trade active:
Trade closed: stop reached
Trade closed: target reached