Get started
E-x-t-r-a-v-a-g-a-n-z-a

Bitcoin: This one goes for the short sellers.

Short
Bitcoin (CAPITALCOM:BTCUSD)  
E-x-t-r-a-v-a-g-a-n-z-a  
CAPITALCOM:BTCUSD   Bitcoin
Trend Analysis Beyond Technical Analysis Bitcoin (Cryptocurrency) bitcoinforecast bitcoinprice BTCUSD BTC beyondtechnicalanalysis bitcoinshort short
6
1
trendanalysis beyondta bitcoin bitcoinforecast bitcoinprice btcusd btc beyondtechnicalanalysis bitcoinshort short
As depicted in the chart, this would be a great opportunity for shorting Bitcoin short term, and here's why:
1.- The resistance just rejected the price to the downside.
2.- We're just retesting the yellow trendline that has been pretty much reliable since Dec 2020 (it only broke once).
3.- RSI is making lower lows, while price differs.
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.