


Saadiq_
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since Jul 29, 2020
bitcoinprediction
bitcoinshort
btcusd
chartpattern
cryptomarket
fundamental
gbpusd
indicator
trendanalysis
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FX:GBPUSD going short today as doubts are being cast on the Sterling. Also, a lot of eyes on the FOMC minutes later today sees dollar slowly strengthening.
2
Following the FOMC and Fed rate event we see BTC breaking out of the bearish flag to the downside.
2
Bitcoin in a down trend just broke out of a short bull move to the downside. This happens to coincide with the ongoing Coinbase and Binance scandals putting cryptos in perpetual bearish sentiment
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Break of trendline in overall longterm downtrend. If you check the fib retracement tool it rejects off of the 61.8 level and also rejects off of the higher timeframe trendline
2
Price of the market experiences a rejection between the 50%-60% fibonacci lines.
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