Recently we looked at Bitcoin (XBTUSD) short-term on the 1H timeframe, the chart was looking bearish.
Here we have BTCUSD on the 4H timeframe and the bearish bias is gaining a bit of momentum now, still developing.
Prices broke below EMA10 with the next target sitting at $8334 or EMA50.
It is still early on this drop and the trading volume is still low but, this is likely to go below EMA50 or even lower.
We remain open to seeing the markets/charts change at any and all times, that is why we always have a plan/strategy in place BEFORE we decide to trade.
Your support is truly appreciated once more.
This is not financial advice.
Namaste.
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Previous analysis: 🅱️ Bitcoin Drop Takes Form (Support Levels + Signals) | 1111

Here we have BTCUSD on the 4H timeframe and the bearish bias is gaining a bit of momentum now, still developing.
Prices broke below EMA10 with the next target sitting at $8334 or EMA50.
It is still early on this drop and the trading volume is still low but, this is likely to go below EMA50 or even lower.
We remain open to seeing the markets/charts change at any and all times, that is why we always have a plan/strategy in place BEFORE we decide to trade.
Your support is truly appreciated once more.
This is not financial advice.
Namaste.
-------
Previous analysis: 🅱️ Bitcoin Drop Takes Form (Support Levels + Signals) | 1111

Nota
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
🚨 The difference between weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd 👉 t.me/lamatrades/4
💥💥💥80% OFF Discount offer now!
t.me/masteranandatrades/6159
🏆 TOP Results
t.me/anandatrades/1183
💥💥💥80% OFF Discount offer now!
t.me/masteranandatrades/6159
🏆 TOP Results
t.me/anandatrades/1183
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.