Stale bulls above 50-52k
Losing momentum with negative divergence across many indicators RSI, MACD, MFI, CMF, Stoch, etc
Repeat of past cycles' pattern. Sharp rally towards ATH after major drop, only to fall just short and then a bigger fall follows.
May break 52k to break a bull trap before falling
Wait patiently at below 20k
Losing momentum with negative divergence across many indicators RSI, MACD, MFI, CMF, Stoch, etc
Repeat of past cycles' pattern. Sharp rally towards ATH after major drop, only to fall just short and then a bigger fall follows.
May break 52k to break a bull trap before falling
Wait patiently at below 20k