Dear Crypto Degenerate,
As the weekly tops and bottoms indicator (below the chart) shows we're having more sellers then buyers(only 33% are buyers) and the price is underneath the local support line (blue line).
Bitcoin is ready to retest 55K before dropping into the crypto abyss.
Short at 55K, Take profit 35K... is my opinion based on new bearish trend on the daily also,
Wish you a lot of money and fun.
Cheers,
The Crypto Weatherman
As the weekly tops and bottoms indicator (below the chart) shows we're having more sellers then buyers(only 33% are buyers) and the price is underneath the local support line (blue line).
Bitcoin is ready to retest 55K before dropping into the crypto abyss.
Short at 55K, Take profit 35K... is my opinion based on new bearish trend on the daily also,
Wish you a lot of money and fun.
Cheers,
The Crypto Weatherman