Get started
RobinCloud

Bulls jaded by previous high, bears gaining confidence, BTC down

Short
Bitcoin (BITFINEX:BTCUSD)  
RobinCloud  
BITFINEX:BTCUSD   Bitcoin
Trend Analysis
8
1
trendanalysis
Bulls are jaded by the previous highs, 7.5k rejection has killed the party. Currently setting up for a 6.5k rejection on a daily head and shoulders with a rising wedge that will be rejected to the down. Bulls are tired, and ain't no-one excited to shove another dollar long in this baby.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.