Looking at the 3 months chart which should expire by month end. We are seeing BTC heading for a major reversal to bear season which will last for many months (if not a year). We can also see the MACDs are about to have a death (bearish) cross, though it has not happened but it's good to keep our eyes on it.
Personally I don't think this is a good time to start buying the deep until we see a golden cross on the MACD.
Follow me for recommendations that will outperform this bear market.
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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.