Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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The bears are rather consistent both in a bull and bear market. They press forth so bitterly and aggressively.
The tight range fought for this time 10450 - 10808 is slowly surely coming to a bitter end for the bulls as the 4HR macd eventually crosses.
Unfortunately, the bears are more determined than the bulls: The sell-wall will continue until the macd 4 hr crosses and a very bloody downturn dump will happen.
Maybe a bot or whale may stop this? No, I think the macd is too close at a tip to be lifted again.
Buy zone? At the bottom of the 4hr stocs RSI when the macd crosses and fulfils the red zone.