Enter your short trades as BTC is obviously creating a bearish trend with the head and shoulders pattern with the ema 50 breaking the 200 ema.
support lvl1: 18400$ lvl2: 14750$
Please feel free to contact me with any questions.
Comment
⋅
The volatility of BTC has been extremely low for a few weeks now. Even to such low levels, which have only occurred three times in recorded history.
The first time this happened was a few days prior to the final sell-off of 2018, which caused BTC's price to drop by 50% and ultimately resulted in the bear market's final bottom.
The second time this occurred, in the summer of 2020, a 35% bull rise marked the beginning of the most recent crypto bull-market.