Bitcoin Inverted: BTC Macro Bearish
3 Month Intervals, Log, Inverted. (inverting BTC can sometimes help avoid bias provide a different perspective on price. )
- Looking at this objectively (as possible), BTC looks like it has broken resistance at $17,200.
- RSI looks bearish with a 4 year divergence that has broken the 50 band across multiple exchanges.
- Expectation: Possible retest of $17,200 to start the year before move beyond
13K with initial low target of 7k supported by a trend-based Fib extension.
Harbouring a macro bearish bias across equities and perhaps too much Robert Prechter recently so taken with a pinch of salt.
Best, HF
- Looking at this objectively (as possible), BTC looks like it has broken resistance at $17,200.
- RSI looks bearish with a 4 year divergence that has broken the 50 band across multiple exchanges.
- Expectation: Possible retest of $17,200 to start the year before move beyond
13K with initial low target of 7k supported by a trend-based Fib extension.Harbouring a macro bearish bias across equities and perhaps too much Robert Prechter recently so taken with a pinch of salt.
Best, HF
Nota
right no cue - BTC coming into 17,200 target Nota
17200 target hit 
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.
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.