We just looked at Bitcoin monthly and how the month went from GREEN to RED.
We are now looking at the weekly chart, the bearish candles gives it away.
Last week we had a bearish close right after hitting as resistance EMA10.
This week there was another try at the same resistance and another rejection took place.
The weekly closes in a few hours...
Rate hikes...
War...
Covid...
The correction is almost coming to an end.
A final drop can happen fast but a recovery can take years to fully manifest.
Thank you for reading.
Namaste.
We are now looking at the weekly chart, the bearish candles gives it away.
Last week we had a bearish close right after hitting as resistance EMA10.
This week there was another try at the same resistance and another rejection took place.
The weekly closes in a few hours...
Rate hikes...
War...
Covid...
The correction is almost coming to an end.
A final drop can happen fast but a recovery can take years to fully manifest.
Thank you for reading.
Namaste.
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🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.