CPR monthly: every month we are getting crushed, but why today?
December, January and February: 3 months in a row bitcoin is getting hitting the pivots from below and making a new lower low.
How long can this go without ANY decent relief rally.
Today's Paypal and Meta showed horrible after hour moves, over 20% down.
This should drag the NASDAQ down too.
And we know what this means: BTC will move bearish or sideways base case scenario for the day.
Let's keep an eye on that 35.2K and let's see if it holds as that would prove the needed strength to make ANY upside move in the next upcoming days.
How long can this go without ANY decent relief rally.
Today's Paypal and Meta showed horrible after hour moves, over 20% down.
This should drag the NASDAQ down too.
And we know what this means: BTC will move bearish or sideways base case scenario for the day.
Let's keep an eye on that 35.2K and let's see if it holds as that would prove the needed strength to make ANY upside move in the next upcoming days.
Join our membership to gain access to the private scripts.
thetradingparrot.com
thetradingparrot.com
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.