Why I am still short-term bearish on BTCUSD
We did have a spike today in prices, but check out the RSI and MACD trends. Very downward trajectory in the peaks.
We are in an upward channel at the moment, and perhaps we will wind up in a symmetrical triangle, but we are likely to bounce back down to the 13,300 mark. I don't see us getting back up to the 14,400+ range in the next few days.
We are in an upward channel at the moment, and perhaps we will wind up in a symmetrical triangle, but we are likely to bounce back down to the 13,300 mark. I don't see us getting back up to the 14,400+ range in the next few days.
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