Momentum, sentiment and TA suggest that BTC will continue downward. In the interest of playing both sides I looked for possible bullish cases for upward movement. Looking at ichimoku (standard settings) there is a path up through the clouds on several different time frames. It would take everything lining up and breaking a bunch of resistance. It would be the equivalent of running the table - unlikely, and not something I think will happen.
Comment:
Comment:
Comment: