Watch out for bulltraps on BTC - This is still a downtrend

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
I know everyone wants to scream lambo, but lets stick with facts. We are seeing lower highs and the market cap keeps shrinking, so I am expecting some period of consolidation before another run on the downside. However, if the trendline breaks I will start scaling in longs, but we will cross the bridge when we get there.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out