Nacho_trader22

Nacho_trader22

The bearish leg continued, most likely triggered by the colossal liquidation of long positions on derivative exchange platforms as observed. Bitcoin extended the downward action near $45,000, whereby support is anticipated. Nonetheless, we cannot ignore the vivid bearish picture considering the short timeframe analysis. For instance, the Moving Average...

Nacho_trader22

Are we going to get a break below support to signal a bearish move? Or are we in for a continuation move to the up side.