BTC/USD 4/23/20 Huge bearish flag on low volume,pandemic state Short

Bitcoin / US DollarBittrex

Description

⋅ Apr 23, 2020 6:12 AM

Hey traders,

Hope you are all well!

Bullish case: Halving, volume increase on weekly candles more adoption.

Bearish case: The chart itself low volume a good retest to the 5200 is possible.

Cheers

Comments

transparent-fx

⋅ Apr 23, 2020 6:21 AM

I broke it down as well, here is my view on it

shady87

⋅ Apr 23, 2020 6:37 AM

Not hating on btc but with btc its never adoption, only speculation, it gets dumped if the whales feel like it. Can you name one usecase? Gold is a store of value, for obvious reasons btc is not.