Bitcoin
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BTC-USD BITCOIN DROWNING-CONTINUES CONSOLIDATING

Although many other benchmark markets like the DOW, S&P 500 and VIX show promises and good solid corrections. Bitcoin is not doing any of that. It clearly shows me that that Bitcoin is not doing much of anything other than consolidating and struggling to determine direction. The MACD is showing a possible bear reversal which could be short lived. We need more time to see how Bitcoin will perform now that the regular stock market benchmark have corrected. Too soon to tell with Bitcoin.. Give me a thumbs up and subscribe if you like this TA and my TA videos. Show me your support and I will pumping out more videos for educational purposes.

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I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this TA,(Technical Analysis) are for informational and educational purposes only and do not constitute financial, investment, trading, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using or reading this technical analysis or site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this analysis, or post.
Bearish PatternsbtcshortBTCUSDChart PatternsconsolidationdowntrendTrend Analysisvolatile

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