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CryptoNail
Dec 28, 2018 2:19 PM

Buttcorn needs some help Short

Bitcoin / US Dollar IndexBitMEX

Description

Bitcoin needs a catalyst in order to send us up. People keep selling and we will be stuck in this bear market until we get something worthy of a reversal.

-BTC seems to be forming a bear flag on plenty of time frames.
-MACD is crossing down on the 30min chart.
-We could see a bit of movement down to the next support. From there we will have re evaluate the situation there.
-MACD crossing down on the 1D time framer
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