Bitcoin has created seven consecutive negative lines in history

17 mag 2022

Nasdaq stopped falling near 11100 last week
Just hit the moon line MA42
This moving average was previously mentioned when analyzing the S&P 500
It's a variant of the Moonline MA84, but it's far from the bottom here


Back to Bitcoin:

<1> The angle of entanglement: it is currently in the divergence section at the weekly level;
<2> Volume and price point of view: the seven consecutive yin of the weekly line continues to create history
But last week, the weekly line received a heavy hammer line
kind of stop acting

There is still a chance to escape
As shown in the figure, the two trends are deduced
Reminder again: No matter what kind of trend, it will eventually be wiped out.
The trend is not transferred by the rebound of small and medium level

Always warn yourself: We are at the top of the moon line level above our heads!

If you ate a big black thread last week
The bear market advises you to quit gambling.

BTCUSD
IXIC