Realistic bounce to form a lower high within the month but its looking like a bearish trend even if it does bounce,not enough conviction between 54-60k region to break resistance and media is spamming fud to coincide a sell off
bounce is an obvious bear trap,2 months until consolidation imo
Things to consider rsi undersold short term: macd looking similar to 2018 bear trend after the pump.
lower highs with price action
2months-38-42k
5months-30-36k
Just my opinions take with a grain of salt
bounce is an obvious bear trap,2 months until consolidation imo
Things to consider rsi undersold short term: macd looking similar to 2018 bear trend after the pump.
lower highs with price action
2months-38-42k
5months-30-36k
Just my opinions take with a grain of salt