⭐️BTCLive: Bitcoin Hitting Multiple Bearish Signals

⭐️BTCLive: Bitcoin Hitting Multiple Bearish Signals

TLDR
(Bullish:Bearish)

Short Term (Less Than 1 Week)
40:60

Long Term (More Than 1 Week)
50:50

Overview:

We need to break up aout of the macro trendline and hold to pump to $20k if we break down out of the ascending wedge then it will dump to $19k region

Technical Analysis:

- Ascending wedge on the 1hr
- Macro Trendline Resistance
- Bearish Divergence
- Bought on the 1hr
- Unfilled weekly pivot to $19k
+ Bullish CME Gaps
- Alpha Wave Sell Signals
- Decending Triangle pattern on the Daily
+ Descending Wedge pattern on the Weekly
+ Bullish Divergence on the Weekly forming
+ 200 EMA Support
+ 20 DEMA Support

News:

+Dormant Bitcoin moved out from Coinbase Pro
"The outflow of 48K BTC is coming from Coinbase Pro and has a dollar value of $940.032.000,00"
/ 🦄 🇺🇸 US launches investigation into bankrupt #crypto hedge fund Three Arrows Capital. t.co/S5wsGRIAjC
/ 🦄 🇺🇸 Texas securities regulator launches investigation into FTX US and CEO Sam Bankman-Fried.
/🦄 🇫🇷 France's finance minister says the government will review #crypto tax regulation next year.
+🦄 Mastercard to help banks obtain regulatory compliance to offer #crypto trading, CNBC reports.