BTCUSD
Hello everyone I created this channel to help people to make money in the crypto market. Today I want to show you this chart with some facts so get ready.
1. On this chart 1D , you can see the EMA 20 & 50 lines in orange and blue are falling and while the orange line 50 is on top indicates that is a bear market. This is very basic indicator to understand so there is no other way around in short or long terms we are going down no matter if bitcoins pop a few thousands today or tomorrow.
2. The RSI has a red line which is in downtrend as well. The interesting thing for you to see is that every time the line touched the red line it bounced and the price goes down. I marked with a yellow circle the moments when bitcoin went down drastically. There is a yellow square I want you to watch because if bitcoin goes up it will touch the line , and guess what is going to happen? $22k for sure.
3. The Macd is simple is in downtrend and besides that is under ZERO. Anytime the macd is under zero is downtrend. If you look carefully prior to reach the $65k the lines of the macd were always on top above zero. Now is just under... I mean, what else you want to see as proof.
4. And last the black triangle is still having so much force and bitcoin just got inside the triangle again... what you think is going to happen if already tried so many times to come out to the top and nothing happened yet.
This jump is just a dead cat jump.
The asian market is getting awake and they got many orders to short at $34k because they knew this.
Short Now and make money while bitcoin goes to $25k.
Save your money for that moment because all coins will be on special and Bitcoin will bounce back to $35k, so that is how you make money.
It will happen this coming week.
God bless you and thank you for your time!