After the spectacular recovery rally that I perfectly predicted in my last post, it may now be time to short GBTC.
On the daily chart, we see a pattern of Lower Highs that signal further downside ahead.
We are far from oversold territory, and now in overbought regions.
The question is, will Bitcoin break the 42k and 39k supports?
If that happens, bear momentum increases.
On the daily chart, we see a pattern of Lower Highs that signal further downside ahead.
We are far from oversold territory, and now in overbought regions.
The question is, will Bitcoin break the 42k and 39k supports?
If that happens, bear momentum increases.