Faibik

Bitcoin | Don't Catch the Falling Knife..!!

Short
COINBASE:BTCUSD   Bitcoin
#BTC (Update)


In Daily timeframe Chart, Rising Wedge Broken Downside & Bulls lost the EMA50 Support too.

So Far Bitcoin Looking Horrible so Don't Catch the Falling Knife, We Could See More Downside Move.📉



First time Since OCT 2020, Daily Candle Closed Below the MA50 But Bitcoin is Still Moving Above the Major Trendline.


If Daily Candle Closed Below the Trendline too, Then this Will be Bearish Sign for Bitcoin. (Bitcoin Might Crash More 📉)


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