OBV has officially crossed down, retest, and failed to break back up.
The last time #Bitcoin tried broke down on the OBV was back in April. Guess what happened then? We entered the multi-month bear market.
I think this time will be much worse. Because not only have we broken down, but we are also seeing huge bearish divergences on multiple higher time frames.
I am convinced we are currently in the first days of what could be a 2-3 year bear market.
However, THIS IS GOOD. Why? This will give you time to make as much money as possible before the next bull market arrives.
Good luck,
- Matt Park
The last time #Bitcoin tried broke down on the OBV was back in April. Guess what happened then? We entered the multi-month bear market.
I think this time will be much worse. Because not only have we broken down, but we are also seeing huge bearish divergences on multiple higher time frames.
I am convinced we are currently in the first days of what could be a 2-3 year bear market.
However, THIS IS GOOD. Why? This will give you time to make as much money as possible before the next bull market arrives.
Good luck,
- Matt Park