Bitcoin Already Broke The Linear Downtrend - What Gives?

A short and a long idea in the same day? What's going on?? Just showing you the indecision of this market, and why emotions may be running high, particularly for traders. This is a quick video post. Nothing complicated. Just showing again why we are at a VERY important point for the market, and why we can still make it out of this consolidation period to the upside. But I really do think time is running out here for bulls. I did make an extended bearish commentary on crypto today, and why even a crypto bull run may not benefit those who could use financial restructuring the most.

This is not financial advice, just a quick video for entertainment and speculative purposes.

-Victor Cobra

Kommentar:

So we failed to hold above the downtrend on the linear chart, which helped accelerate this selloff.