BTC started retrace in 4hr - 78-85% drop coming
I am comparing the 4hr btc time from april 18 2021 - 69k ATH to current price action.
We are at the green arrow zone in the 4hr.
We should get small dump shortly > then retest the 46k zone to test the orange MA then if it gets rejected, we will START a bear trend as it keep rejected orange MA line.
If it gets rejects on the 46k and unable to keep above the orange MA line and starts to sell - that is your signal to get out and short :D
We are at the green arrow zone in the 4hr.
We should get small dump shortly > then retest the 46k zone to test the orange MA then if it gets rejected, we will START a bear trend as it keep rejected orange MA line.
If it gets rejects on the 46k and unable to keep above the orange MA line and starts to sell - that is your signal to get out and short :D