Price bounced off the gap created on Feb 23rd. instead closed the gap from March 16th. and is now making lower lows.
what about that?
Is Gold psychologically rejecting BTC price? :-)
Reached the top of the channel, in which it has been trading for 10 months. it will either break it with a big impulse, or it will be forced back down, maybe even back to 0.72 area again?
Your thoughs are appriciated.
It has a bearish tone since begining of Febraury. after breaking the rectangle it got a strong impulse. it might now retract/consolidate before continuing the downtrend.