satoshistan

BITCOIN BEARISH IDEAS

Short
BITSTAMP:BTCUSD   Bitcoin
First of all, all should now i am always bullish on #bitcoin long term. These are just some bearish indications we should be watching right now

Let's assume we're bearish short-mid term and make a list why #btcusd should be bearish:

1-Lower highs (20k->14k)

2-Monthly Ichimoku

3-Weekly Ichimoku

4-Daily and smaller time-frames bearish macd div

5-Falling fiat volume till 20k top (this is also the worst cause we need much more fiat volume coming in, in order to price go up)

6-Our last pump getting more likely to a correction channel (not valid until a clean break)

7-We're still inside the correction range despite all of this massive runs, couldn't able to break it

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