BTC was in uptrend since Six Months, now it's time for downtrend
Bitcoin or BTC was constantly in uptrend for 6 consecutive months.
As you can see in this monthly chart candles, last month May-21 was totally in downtrend and now the current month candle is also opens and then going down slowly.
After consecutive uptrend of 6 months, what do you expect? BTC will follow the same trend (uptrend) or down trend?
In my opinion, it will definitely go in downtrend and again touch the 29000 to 30000 support in this month and also will go further down.
Nothing is consecutive and this is the end of bullrun.
Be careful while trading.
Thank you for reading.
As you can see in this monthly chart candles, last month May-21 was totally in downtrend and now the current month candle is also opens and then going down slowly.
After consecutive uptrend of 6 months, what do you expect? BTC will follow the same trend (uptrend) or down trend?
In my opinion, it will definitely go in downtrend and again touch the 29000 to 30000 support in this month and also will go further down.
Nothing is consecutive and this is the end of bullrun.
Be careful while trading.
Thank you for reading.