I think we will pullback here, resume uptrend and we'll see what happens around June when it comes.
Watch Bitcoin. If it bounces off the 55 daily ema (~53k), look for a bounce in stocks. If it breaks below, watch the 21 weekly ema (~40k). If that support breaks then we are entering a bear market.
Watch Bitcoin. If it bounces off the 55 daily ema (~53k), look for a bounce in stocks. If it breaks below, watch the 21 weekly ema (~40k). If that support breaks then we are entering a bear market.
Note
Could be blow off top.
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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.