hey everyone, bitcoin has been pulling back from a strong resistance of 24200 area, price rejected 3 times and price now is loosing the bullish momentum..
At the same time there was a breakout in DXY so the dollar on the other hand is getting stronger my estimation for DXY is to jump at 110...
What are sign of bitcoin for long period of short swing position if price make a lower low we can expect a short swing position. The Rsi can make a similar movement as previous bear flag... if this is a bear flag, the price could fall 50% as long DXY also stays bullish too (see my DXY in link below).
Good luck
At the same time there was a breakout in DXY so the dollar on the other hand is getting stronger my estimation for DXY is to jump at 110...
What are sign of bitcoin for long period of short swing position if price make a lower low we can expect a short swing position. The Rsi can make a similar movement as previous bear flag... if this is a bear flag, the price could fall 50% as long DXY also stays bullish too (see my DXY in link below).
Good luck
