Bitcoin
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#Bitcoin Downtrend and Cycles

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HIGHLIGHTS

1. Bitcoin-Crypto - Locked in a bear market downtrend. Stick with the trend unless proven otherwise.

2. 60-day Cycle Low coming up. Expecting just Counter-trend rally.

3. Volume has been anemic on positive weeks, but brisk during selloffs. Indicative of selling pressure without any accumulation.

4. 16 weeks into bear market decline. For a bear market, in any asset class, this would "historically" be too early in the cycle to expect a bottom.

5. Bullish 2nd half of 2018 shown above really is a best case scenario IMO.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.