BTC/USD Breakdown set up alert.

5 ביולי 2021

The cup and handle formation is almost completed. The majority is still in denial and did not capitulate yet. However, the chart is very bearish, the golden cross is in place with no bullish indicators in sight. I still maintain my bearish view from my sale signal near 47K. I think 18-19K is very possible in the near future. It is not a signal to go short yet but it may come at any moment. Be wise.