What is going on BTC?
BTC is currently around $50840.
To understand what will go to happen BTC, first, we have to know what is going on it.
BTC has completed a formation and was rising up to give a reaction of the formation. We are following a rising channel from 47k.
So, BTC broke out the trend? should be bearish? In technic analysts, there is no hope or wish. We have to follow indicators and news.
As far as I know, there is no bad news about BTC.
Fear and Greed shows us extreme greed (79). many indicators giving negative signals now.
conclusion;
I am still bearish and I think it is a correlation. But it can be changed. if we break out the support. I will be bearish.
Don't lose your hard-earn money easily
To understand what will go to happen BTC, first, we have to know what is going on it.
BTC has completed a formation and was rising up to give a reaction of the formation. We are following a rising channel from 47k.
So, BTC broke out the trend? should be bearish? In technic analysts, there is no hope or wish. We have to follow indicators and news.
As far as I know, there is no bad news about BTC.
Fear and Greed shows us extreme greed (79). many indicators giving negative signals now.
conclusion;
I am still bearish and I think it is a correlation. But it can be changed. if we break out the support. I will be bearish.
Don't lose your hard-earn money easily
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.