BTCUSD: Decision Point Incoming and It Looks Bearish!

If you look at the yellow circle you'll see a support cluster at 3895 if broken we will likely retest the upbound of the channel, but if Bitcoin can't break this support cluster we will likely see a flash crash in the near future. So, how do I know we haven't bottomed? The Fidelity prerelease is the most bullish news we have had in almost a year and the market reacted slightly bearishly. This has happened over and over again. Until we set a higher high on the weekly this bear market isn't over.

Kommentar:

I have posted this so many times to get the angles to come out as I see them. The chart is on auto and everything is locked. If anybody knows why this is happening I would appreciate some assistance.