World economy is bearish. What about BTC?

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Week charts for SP500, Gold and Dow Jones look like shit - means its all just a beginning of retracement.

istantanea
istantanea

BTC look better, but that might be only because its being late for the dump show. At daily TF SP and Dow charts are at support, which gives a hint they might bounce soon. Now what about Bitcoin? So far it manage to hold above 10240 support. Amazing. If stocks bounce, BTC may also re-test ~10.6-10.8k. Situation in world economy is bearish, so if you want to play safe, play for bears. If BTC drop below ~10200, it will continue dumping down to 9940 / 9600 / 9200.

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