I am still following my bearish analysis based on Fib levels. Governments push the price up by stimulation packages and printing money.
$BTC Normally when we see a divergence in AO indicator. A correction against the trend will happen before another leg up. So, I expect a move down before the next up. (We may see numbers above 8K next time.) I am bullish BTC though!
Using Fibonacci indicator for the technical analysis. Then considering the current fundamental news like lockdown due to the Coronavirus, also drop in the Oil prices. The concussion is that I am still bearish for indices specially US500.