Bitcoin is bearish on every timeframe right now, from my perspective of TA. On a basic level, this could be a few weeks, but I do not expect price to move up in any realistic fashion for a while. We could have gone bullish, but then we didn't. We're below every single MA. References: News agrees with TA, as we have DXY booming, we have Ukraine-Russian war concerns.
The end. Sorry bulls, this is not the time.
The end. Sorry bulls, this is not the time.
Note
move clearly not done.Note
still not doneNote
total change: 0.Note
short term, we appear to be moving up. Watching closely.Trade closed manually
We may be ending the whole bear side pretty strongly here. So unless we drop again, we should be good.Disclaimer
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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.