bitcoin, it is until its not
bearish market structure remains
sfp of the previous lower high
until this changes we remain in bearish territory
no one wants capo to be right but until this is broken he could very well be right "biggest bull trap ever" - would give him legendary status if we descend to lows now
Imagine 15k May, 12k August not sure where 100mma would be by then as its slowly creeping up, maybe 150ema could prove an ultimate bear target (over to you to look at time frames) ;-)
sfp of the previous lower high
until this changes we remain in bearish territory
no one wants capo to be right but until this is broken he could very well be right "biggest bull trap ever" - would give him legendary status if we descend to lows now
Imagine 15k May, 12k August not sure where 100mma would be by then as its slowly creeping up, maybe 150ema could prove an ultimate bear target (over to you to look at time frames) ;-)
Comment:
need big buy volume to come in (at the top) to break this zone and go +30K
Comment:
tom crowns idea
