CRYPTO WATCH // 02: BTC CME Futures open (26 April)

BTC broke down from its bearish pennant and is in a free fall at the moment and with the CME opening in 10 minutes this could make things worse. We are at the verge of calling a bear market! I personally think we can expect a bounce at 44K but going below it; I call a local top and a short term bear market There's still hope, we have a big gap above which could get filled in the coming week but if we do not have a good bounce upwards and recover to the mid 50's; this crypto bull party is over...

A live chart right here; lets see what happens!

IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.

Kommentar:

BTC UPDATE: big bounce to the upside and gap filled immediately, looking bullish! Monday and Tuesday will confirm... www.tradingview.com/...BTC-is-flying-again/