As I suggested, BTC did a "pseudo" shoulder-head-shoulder pattern (pseudo because the right shoulder is not "clear" at all). Now we can see, as I predicted, that BTC is on a high risk of free fall from now on (maybe to a new floor of 20k?). If you haven't already purchased BTC , i suggest you to wait for the consolidation of a new floor.
Also we can see the MACD and MA cross (timeframe: weekly) suggest a strong signal of bearish context. For those who had already purchased BTC 1 or 2 weeks ago, don't panic, don't sell, wait for the trend.
Also we can see the MACD and MA cross (timeframe: weekly) suggest a strong signal of bearish context. For those who had already purchased BTC 1 or 2 weeks ago, don't panic, don't sell, wait for the trend.