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sphericalcomputing
May 13, 2020 10:31 PM

Short BTC Short

Bitcoin / U.S. dollarBitstamp

Description

The Weekly time frame tell us that we are heading towards a 5k for BTC. I am using Tone Vays TD Indicator for this analysis I am bearish even though we have not exhausted the trend since the wedge that I have badly drawn gives this indication. Plus second wave of Covid and stockmarket decline due to covid and go away in may any increase will be short lived money managers moving their money around for short to medium term investments.
Comments
Evo3
Any update?
sphericalcomputing
@Evo3, see my latest idea much better. I think if you follow Tone Vay's last video you will see the issues of fundamentals. I don't see a bitcoin divergence just yet.
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