Hi traders,
This is BTCUSD on weekly chart. As you can see btc can not break the important trendline. I think bear market is coming. I have three reasons for that. First one is when the price increase volume decreasing which is very dangerous. Second one is there is negative divergency on rsi. Third one is there are very weak candles under the trendline. I suggest be careful.
This is BTCUSD on weekly chart. As you can see btc can not break the important trendline. I think bear market is coming. I have three reasons for that. First one is when the price increase volume decreasing which is very dangerous. Second one is there is negative divergency on rsi. Third one is there are very weak candles under the trendline. I suggest be careful.