Bitcoin need more another drop as correction before continue the trend.
Currently BTCUSD performing falling wedge pattern in D1.
In Weekly Time Frame we can see Bear Engulfing and in D1 price moving below EMA 100, this indicate another drop coming.
If you look at MACD, there is pottentialy reversal pattern IF price got another drop from this level.
Currently BTCUSD performing falling wedge pattern in D1.
In Weekly Time Frame we can see Bear Engulfing and in D1 price moving below EMA 100, this indicate another drop coming.
If you look at MACD, there is pottentialy reversal pattern IF price got another drop from this level.