cjohnson108

Is Bitcoin still bearish ..

BITTREX:BTCUSDT   Bitcoin / Tether
At first glance it looks like Bitcoin             hit its low with the bounce off the 70.5 level. This level also aligns with a pretty significant horizontal trend level. However this could just be a bounce to the 10k-11k range.

What concerns me is the evident death cross we seem to be heading towards. Bitcoin             continues to respect the 13EMA resistance, but if we climb to 10-11k it will break that resistance and the 13EMA will become support.
Kommentar: Look like we broke the 13EMA resistance BUT we need two bars above that line to confirm it.
Sorry guys I totally spaced out. The 50MA needs to cross the 200MA in order for it to be death cross, not the 30MA. needless to say same arguement
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