Bearish divergence has formed on the Bitcoin chart, however, I think we will see the move up to the 0.382/0.5 before this divergence plays out. This will create more bearishness and fuel the subsequent move down for wave 5.
Maybe some manipulation to pump the price up so that everyone turns bullish and longs before dumping again. Lots of alts are showing similar bearishness but I am not convinced to be honest.
Maybe some manipulation to pump the price up so that everyone turns bullish and longs before dumping again. Lots of alts are showing similar bearishness but I am not convinced to be honest.