TradingView
RocketMode
Apr 10, 2020 7:54 AM

BTC Downtrend has began Short

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

Please LIKE and COMMENT if you enjoy this analysis of #BTC

Comment

Retest the major annual trendline and reverse back below year open. This is a strong bearish sign.
If you have followed my last analysis (link down below), you know that I have observed this low volume push, which indicates a UTAD.
The mean target of this trend is around 4.4k to 5.2k area. But anything can happen during this extreme market condition.
I am still expecting a bull run, but after halving.
More