BTC Trend Reversal to BullTrap
Bitcoin D broke below exponential moving average (EMA) 10.
-Volume Divergence, as the price moves higher, the volume however is moving lower.
-RSI Divergence, as we move higher, the strength of Bitcoin moves lower.
-MACD Cross on daily chart
Multiple confirmations shows that we are in a trend reversal. BTC Bull trap is playing out well. We might also see BTC drop to 30k below before 2021 ends. DYOR
-Volume Divergence, as the price moves higher, the volume however is moving lower.
-RSI Divergence, as we move higher, the strength of Bitcoin moves lower.
-MACD Cross on daily chart
Multiple confirmations shows that we are in a trend reversal. BTC Bull trap is playing out well. We might also see BTC drop to 30k below before 2021 ends. DYOR
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