Who won next? Bears or Bulls? Time is the best judge

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
It looks like a very strong downtrend. Do bears have already over?

Break 250-260$ bring bull hope, but break 210$ send price even to 60$-130$.

In my opinion - downterm continuation.
I'm also bearish and I may even stay very bearish, but it's actually not looking that bad right now.

Comparing the monthly trend with the two monthly trend we are (still) bullish already:

Comparing the more lagging two monthly trend with the quarter year trend it's still bearish as expected:

But since it only matters how many others in the market find out that the trend was the past days already very bullish, I guess we are simply going down once again, because it's easier to not discover the overall bullish potential and see the big bearish trend and sell :/ And that is why I'm also bearish.
+1 Reply
ChartArt ChartArt
Comparing the weekly trend with the monthly trend shows why I'm bearish again. The great bull opportunity we just had was very recently ruined :/

StefanP ChartArt
In this moment I agree :) Thanks!
ChartArt StefanP
Oh and by the way, the MA with period 1 is simply the price, there is no difference :) So think of my last chart that the green line is black or something else more neutral :)
+1 Reply
In short term - UNTRADABLE - small volume, sideways, both bull and bear rejections...

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