This is not a drill... I repeat, this is not a drill!
Bitcoin is moving once more below EMA50 after a very weak bounce 16-January.
Moving daily below EMA50 simply confirms the upcoming correction without a shadow of doubt. This move is support by low volume and a weak RSI.
This signal only confirms when the day closes below $42,142 (EMA50).
While this is likely to happen today or fast, it can also take its time.
We are looking at the 20th of January, on or around this date (near) for the next major move to fully develop —based on Astrology (planetary movements).
Seeing these bearish signals, no doubt the next major move is down.
Prepare for a correction...
This is not a surprise we've been expecting this for months.
All related markets are also bearish.
The signals are coming from all across.
Prepare accordingly.
We still have some time left.
Thank you for reading.
Namaste.