Bitcoin - After 72 days in an Uptrend and crushing 180% is this time for a Major reversal?
- 180% Rise with no Major Retrace - Daily Uptrend Broken - Failed to Break Major EQ at 9250-9300 - Failed to break Center BB - MACD continuing to spread - Selling Volume returning to the market - RSI Neutral and has room to move
- Short entered with stop loss above previous structure. - Targets set at Fib Levels which also correspond with EQ's. - This will now see us re enter the Descending Broadening Wedge which started in JULY 2019
These Ideas are NOT 'Financial Advice'!. Scenarios are based off a mixture of TA and Fundamentals current at the time. All IMO GLTAH. Happy Hunting!!!
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