TradingView
TheBigNova
Mar 20, 2018 12:16 PM

G20 didn't help so much? $BTC still on downtrend Short

Bitcoin / U.S. dollarBitstamp

Description

Everyone is calling BTC bullish, but looking at the day chart, frankly I don't see too much bullish green candles.
we're still in the downtrend, below the cloud, and the real breakout is at 12K.

Trade what you believe, and I believe we still have to see some real bottoming pattern before thinking anything bullish on Bitcoin.
G20 was good, but I was expecting more price action out of it.

I have my buy orders for BTC at different levels below 6K, down to 4K.

Enjoy!
More