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BGMind_Control

BTC we are most likely in the beginning of the bear market

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Bitcoin (BITSTAMP:BTCUSD)  
BGMind_Control  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Technical Indicators Beyond Technical Analysis
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trendanalysis indicator beyondta
Usually when it drops that much after a pump its over for the cycle. Not only that but the MACD on the weekly crossed and we closed below the 21 week ema and there isnt even that much selling volume going on right now. I just dont see us having enough power to get back the losses from the past 2 weeks fast enough. That means that we lost the momentum trade on the weekly which means that we are going to build momentum the other way around. Our target in a bear market is the 200 MA as it always has been. Im not saying that we wont have relieve rallies. Momentum in crypto changes on a dime boys and gals. Live with it.
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