See ya next year BTC! Weekly Ichimoku Rejection

2020년 5월 21일

So many short signals for bitcoin right now with The "Satoshi" selloff clearly being the catalyst. Let's see what happens in weeks to come but I believe this will be the beginning of us returning to a bearish market.

We never sustained a lasting break above 10,000.We're being rejected off the weekly BEARISH Ichimoku cloud on a 7 on TD sequential around the 0.236 Fib. Plus, the year long trend line all the moon bois thought we broke out of is definitely still in play. Still plenty of room for a sell off on the RSI and haven't ticked bearish yet on MACD so nows a good chance to get into a short position.

First target is 8400 then just following the fibs down

Peace & Love