BTCUSD - Bear Meat to fuel the next Bull RallyThere is a Bear Flag forming on the short side of things. This should help pull down the RSI, MACD, Stoks, etc. etc. So long as we don't break the multi-year trend line from my other charts and the 20/40 week moving average remains crossed (which it did last night) All these Bears are going to get skinned and their meat used to fuel the next Bull Rally. Not only will the Bulls be buying hand over fist but the shorts will be right there with them doing the same. The next couple of weeks should be exciting !
Good luck!
(My weekly update below)
