ביטקויןשורט
#Bitcoin Downtrend and Cycles
HIGHLIGHTS
1. Bitcoin-Crypto - Locked in a bear market downtrend. Stick with the trend unless proven otherwise.
2. 60-day Cycle Low coming up. Expecting just Counter-trend rally.
3. Volume has been anemic on positive weeks, but brisk during selloffs. Indicative of selling pressure without any accumulation.
4. 16 weeks into bear market decline. For a bear market, in any asset class, this would "historically" be too early in the cycle to expect a bottom.
5. Bullish 2nd half of 2018 shown above really is a best case scenario IMO.
1. Bitcoin-Crypto - Locked in a bear market downtrend. Stick with the trend unless proven otherwise.
2. 60-day Cycle Low coming up. Expecting just Counter-trend rally.
3. Volume has been anemic on positive weeks, but brisk during selloffs. Indicative of selling pressure without any accumulation.
4. 16 weeks into bear market decline. For a bear market, in any asset class, this would "historically" be too early in the cycle to expect a bottom.
5. Bullish 2nd half of 2018 shown above really is a best case scenario IMO.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.