Bitcoin
Short

Danger Territory for Bitcoin - down we go?

Aktualisiert
I have advocated for a buy the dip at 31K (see previous posts)
I have sold at 37K due to the following reasons.

Techincals :
-TD sequential red count continuing
-Daily below 20MA
-7EMA/ 20MA daily cross
-Funding rates and premiums YTD high
-MACD Daily still bearish
-RSI downtrending, although above 50.

If prices reach around 27K that would be a perfect buy.
Anmerkung
GG BITCOIN was nice knowing you.

I'll see you again in 27K
Trend Analysis

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