From a wave standpoint price is mirroring early stages of a crash vs bitcoin circa 2018
Price technicals:
Possibly a leading diagonal of the bearish impulse forming.
Probable bounce back to 4100 before capitulation or accelerated selling to new lows'
Wait for the bounce and short the ponzi
Price technicals:
Possibly a leading diagonal of the bearish impulse forming.
Probable bounce back to 4100 before capitulation or accelerated selling to new lows'
Wait for the bounce and short the ponzi
Minute update . Price pumped on FOMC statement but you know what they say buy the rumor sell the news. That 50 bps rate hike not gonna save this bearish market structure imo