Bitcoin
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Bitcoin Long Term

108

It's hard to be bearish if the BiMonthly candle closes like this. on the other hand, if the Monthly candle closes above EMA21 it's no longer bearish in the Macro and Long term.
But note that Bitcoin could test lower levels such as $6000 for playing out a Correction.

About that 2D Death Cross:
The first change of behavior was the candle close above the EMA55. And now the change of behavior will be confirmed if a 2D Candle close above EMA200 and could turn the Death to Golden Cross...
Nota
Now the Correction target will be higher into Mid 8000s.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.