bad-chromer
Short

Bitcoin: Bearish for now. Bounce?

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
COINBASE:BTCUSD

After a nasty Head n Shoulders and a clear rejection at the trend line , we fell.

We fell right through the 50MA. + rejected again at the 100MA after a death cross. This is as bearish as it gets.

Looks like we are heading toward 7600 or 6800 - will another huge buy in save the day?

Who cares, I am still tethered. Alts beware.

trade safe, trade smart. Crypthub Academy.
Comment: Target 01 reached. Not a lot of volume. Waiting for the 2nd green box now, will be monitoring for a short squeeze or large volume support.
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