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Jad-87
Jun 28, 2020 8:39 AM

Who's bearish on BTC? Short

Bitcoin / United States DollarCoinbase

Description

Hi All,

So BTC is showing some bearish price action, which goes along with the bearish indicators.

How will it follow through you think?

Are we bound to touch lower levels? Perhaps ~7000??

Thnx
Jad

Comment

Going back to a basic question, why many thought BTC will go to the moon now??

Isn't possible to stay bound to the triangle for another year???

Comment

On higher timeframe, BTC isn't that much bullish after...

On weekly just sitting on the cloud, and the monthly, it is trading under it.

Comment

Trading below 20 SMA for almost 20 days.

Comment

and a small "bearish" cross
Comments
cpozzer
yaya, bearish. lol
Jad-87
@cpozzer, going to the moon???
cpozzer
@Jad-87, Nah. But if you are like those waiting for 5k/6k then good luck
Jad-87
@cpozzer, no 5/6... maybe 7.5/8...

I am not "waiting"... i am willing to adapt to changing market signals.

anyway so far it is neither way... just +/- 300 dollars.
cpozzer
@Jad-87, oh, well 8700 can be doable. I thought you were waiting for 5k :)
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