BTC Started a bearish downtrent

16 Ağu 2022

I think BTC downtrent has started and the bear rally has ended. We broke through a major ascending trend. At time of writing btc moves above the line again but i thonk thats just because BTC is now moving in a descending channel. Also if you take a look at the RSI you see that every lower high results in a higher RSI compared to the lower high before. This means that there is still anough room for bears to push down the price more.