YurloTrades

PI CYCLE TOP DOES IT AGAIN (2017 ATH & 2021 ATH) BEARISH (BTC)

Short
COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Good afternoon traders,

FIRST OF ALL, please smash that like button for the continued alpha I'm deciding to share with the trading/crypto community! πŸ‘

SECOND OF ALL, can we just take a moment to look at this technical analysis I've posted for the tradingview community.....

2017 AND 2021 PI CYCLE TOP DOES IT AGAIN?

LASTLY, my last post explained my bias towards the market and my bearish target for the bearish pennant is between $17,000 - $23,000 (the previous all time high is $20,000. Anything below $20,000 is a confirmed bear market and probably takes us to the 200 day moving average on the weekly timeframe which is around $10,000- $13,000 (I'm not trying to call exact tops or bottoms) so anywhere in this range would confirm this TA and my previous one.

FINALLY, don't forget to smash that like button and leave a comment with how you feel about this technical analysis as it helps spread the word around the community especially for new traders trying to make sense of these crazy markets! πŸ‘

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.