Summary: Expect falling prices.
The BTC price is below the monthly S1 pivot price and the slow MACD with settings three month moving average compared to half year moving average is also starting to show a downtrend with the first red bearish bar, while the faster one month compared to two month moving average is still bearish. The 10 day vs 20 day moving averages are also bearish. Unless Monday, December 29 brings some unexpected major positive news - the downtrend is going to continue.
The BTC price is below the monthly S1 pivot price and the slow MACD with settings three month moving average compared to half year moving average is also starting to show a downtrend with the first red bearish bar, while the faster one month compared to two month moving average is still bearish. The 10 day vs 20 day moving averages are also bearish. Unless Monday, December 29 brings some unexpected major positive news - the downtrend is going to continue.
