Everything's looking bearish for Bitcoin on the Daily, MACD looking bearish, plenty of room to the downside on the Stoch RSI, and the moving averages are on the verge of a death cross.
Pretty sure the price is going down, but will it bounce on the resistance trend line around $32500 or will it continue dumping?
My strategy: Buy on the way down at 10% increments from the all time high.
Pretty sure the price is going down, but will it bounce on the resistance trend line around $32500 or will it continue dumping?
My strategy: Buy on the way down at 10% increments from the all time high.
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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.