BTC - Bearish Market Structure
53k was the Bounce for you to sell.
Lower highs are forming on the chart which is not bullish.
I can not digest the fact that MM are letting Bulls Ride without taking out 28k Stops.
If Btc is really bullish we should see the price 50k+ soon and change the market structure.
If we go to 28k this time we are not bouncing big, instead going lower. Long positions stops and panic seeling will give us a wick towards 23k-24k. You heard it here first.
Charts Don't lie.
Lower highs are forming on the chart which is not bullish.
I can not digest the fact that MM are letting Bulls Ride without taking out 28k Stops.
If Btc is really bullish we should see the price 50k+ soon and change the market structure.
If we go to 28k this time we are not bouncing big, instead going lower. Long positions stops and panic seeling will give us a wick towards 23k-24k. You heard it here first.
Charts Don't lie.
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