NOS4RA2x

Bitcoin Price Action

INDEX:BTCUSD   Bitcoin
BTC seems to be forming a long legged doji for the monthly with price failing to get above 50SMA, MACD failing to reverse course upward, & RSI with room to move downward still. Still got 4 days to go, but we shall see how it closes. 20k & below in the works if this plays out. DXY playing off it's Falling Wedge could take it to 106-109 easily, which in turn would cause equities and crypto to continue their downward momentum.

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