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Imminent Drop Ahead? Bitcoin Showing Bearish Signals |Short-term

BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
Looking at Bitcoin ( XBTUSD ) short-term (1H) we can see that prices are now trading below EMA10 and EMA50 while the two indicators have a bearish cross.

The MACD and RSI are trending down and volume is really weak after multiple lower highs.
If XBTUSD fails to move back above $8093, prices are very likely to drop .

What's your take?
Feel free to share with us in the comments section.

Thanks for reading.
Namaste.
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MEGA REKT
+1 Reply
REKT
+2 Reply
@jia888, Rookies.
Reply
Price went above it. Idea now invalid?
Thanks for all the Content.
Reply
Big Like Master
+1 Reply
alanmasters afshinnejatkhah
@afshinnejatkhah, Thanks a lot!
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Thanks Master
+1 Reply
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