BITCOIN OUTLOOK

OK so I don't usually post anything crypto. At least it has been awhile! But wanted to post my potential outlook here on BTCUSD. Every market works the same, and has the same driving factors behind it.... PEOPLE & MONEY. So whether its crypto, stocks, FX, commodities. It has the same drivers and participants. And guess what... people think the same!

So this is my outlook here on Bitcoin may see some potential relief to downside and further discount.

Cheers!

Comment:

Watch Bitcoin. I still see this making a potential move to the downside. if you look at the weekly you can see that large bullish candle came into structure and had NO follow through. With such strong momentum you should see follow through but instead it was halted in price.

Good sign of potential reversal and move to downside. Cheers!

Comment:

Bitcoin made a strong weekly seller pop to the downside at the close of last weeks candle. This is confirming our bias and showing strong seller interest!

Cheers!

Comment:

We are now just awaiting the formation of an official lower low in the market to confirm this shift in price action