Possible bitcoin downmove. MM buy model. target 240$

It's just a possiblity but judging from higher timeframes, it definitely seems like the move has lost some momentum when it hit the daily MB. This chart is made to describe a potential downtrend in detail. A further uptrend is still possible.

link to chart describing further uptrend:

Kommentar:

DAILY MB can't be seen very clearly so here's a screenshot of where it originates from :)