BTC: Let's change our prespective.

BITSTAMP:BTCUSD1D

Bitcoin / U.S. dollarBitstamp

Description

⋅ Jul 8, 2021 1:33 AM

If this was NOT an inverted chart, would you be bullish or bearish?

Hint: Yields are retreating.

Comment

⋅ Jul 20, 2021 3:21 AM

it's a breakout, in our inverse world!

Trend Analysis Chart Patterns

Comments

Omarragheb1

⋅ Jul 8, 2021 1:53 AM

Down BTC i think ?

Realamh

⋅ Jul 8, 2021 5:20 AM

@Omarragheb1, agreed!

AIcapitalist

⋅ Jul 8, 2021 1:44 AM

Great chart! I think btc is weak and without a positive catalyst should keep dropping.

Realamh

⋅ Jul 8, 2021 5:21 AM

@AIcapitalist, thanks, no positive catalyst on the horizon.

ADDYPREMIUM

⋅ Jul 9, 2021 9:20 PM

what is it

Realamh

⋅ Jul 16, 2021 1:36 PM

@ADDYPREMIUM, what is what?

SmallDoseOfCrypto

⋅ Jul 8, 2021 3:53 AM

I like to change the candle colors and take it a step forward haha. Looks like the 'lows' are protected.

Realamh

⋅ Jul 8, 2021 5:20 AM

@SmallDoseOfCrypto, haha yes those colors make a difference!

cantremeber

⋅ Jul 8, 2021 3:07 AM

All about perspective....
Treasury yields?...yes for days and dollar gaining strength, broke through a trendline today...but equities indexes still claiming new highs every session....lol, nothing to see here

Realamh

⋅ Jul 8, 2021 5:18 AM

@cantremeber, I have to proofread my titles smh haha
everything you said is pointing to one direction for BTC.