[Bitcoin] The decline will continue ...
Current bearish factors :
- a large bearish flag
- a strong MACD divergence
- a huge RSI divergence
- a steady increase in institutional short positions (COT report)
- a significant drop in volumes these last months
- a weekly bearish MACD cross
- a death cross in progress
- the great powers want to regulate the market
This publication is a trend hypothesis.
- a large bearish flag
- a strong MACD divergence
- a huge RSI divergence
- a steady increase in institutional short positions (COT report)
- a significant drop in volumes these last months
- a weekly bearish MACD cross
- a death cross in progress
- the great powers want to regulate the market
This publication is a trend hypothesis.
Commento:
More charts on Telegram @Bitcoin_Weather
Trade attivo:
Trade chiuso manualmente:
![[Bitcoin] Last bulltrap before the fall ...](https://s3.tradingview.com/m/m5kYa4ct_big.png)
