Here is my view on the BTC/USD trend. Short term 2-5 day period it will go back up without a doubt. Today may be just a purely divergence round unless the bulls flood the market. The chart tells its own story.
Red = range over semi short/long timeframe
Yellow = meaningful longer bases
Blue = Super jumps as I call them after 3 yellow meaningful bases and divergences
Purple = What goes up must come down first
Red = range over semi short/long timeframe
Yellow = meaningful longer bases
Blue = Super jumps as I call them after 3 yellow meaningful bases and divergences
Purple = What goes up must come down first
Comment:
From the past id expect after this base that just ocurred being the 3rd base I would watch very closely
Comment:
buy BTC now it is about to repeat it already hit a 3rd base of consolidation/divergence. Going back up.