there is a possibility that BTC is currently in a flat expanded ABC correction of the fourth wave. we seem to be currently in wave C of that correction that can have 5 subwaves... Until that Bearish divergence trendline on the RSI gets broken. this theory still stands...
the bottom indicator is an experimental indicator relying on the net Volume 21-day average. it is also diverging bearishly and accelerating, meaning the sell offs are becoming more agressive...
the bottom indicator is an experimental indicator relying on the net Volume 21-day average. it is also diverging bearishly and accelerating, meaning the sell offs are becoming more agressive...
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and follow me on twitter:
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and check out my videos on youtube:
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