If you look closely, using the 20-50-100-200 EMA
, the 200 EMA
is about to finally cross 100 EMA
. When this happens, the 200 EMA
will be at the top, followed by 100 EMA
, then 50 EMA
, and 20 EMA
at the bottom. This is the hallmark of real bear runs in every market ever. Also, if we look at RSI
, the price level is still lower than March, yet the RSI
is much higher than March levels, even with the current dip as i type this.
Also, although 4H charts show good bullish
indicators on ichimoku
kinko hyo, the 1D charts have always been slow to reflect those. When it finally did a day ago, it was conflicting with most of the fundamentals. If the bull run starts now, it would be really conflicting with previous BTC
Truth is i don't think anyone knows what is at play here right now. Best to take some profits if you have them and have those fiat ready in case the big bear comes.