There is a strong possibility BTC prices could fall
15-minute Trend MA5 is moving downward and has crossed MA10; MA30 is flat; Bollinger Bands are narrowing and moving upward; KDJ is moving downward;
Day Trend MA5 is moving downward and has crossed MA10 and MA30; Bollinger Bands are narrowing; MACD runs above the zero axis;
Market Data The long-short ratio of BTC contract is 78:100, with the shorts taking advantage; Fear & Greed Index is at 22, indicating extreme panic; Eight out of the top ten addresses have inflows and two of them have outflows;
Analysis There is a strong possibility BTC prices could fall; Therefore, it is recommended you sell short at higher prices now; Sell short when the price climbs back to 47500 - 48200 USDT; The target price is around 42,000 - 45,500 USDT.
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