mim.sedghi

mim.sedghi

Well, today was not a good day, it was liquidated nearly one billion dollars in the futures market. But what is our situation now? Is the long-term market trend is correcting or is it falling? Looking at the RSI, we see that there is a strong negative divergence between the price and the RSI, which has already warned for a price correction. In my opinion, we are...

mim.sedghi

I still believe that bears are not far from bitcoin yet. As you can see, Bitcoin is moving in a bearish channel and if the resistance of 47K is broken, it can fall to the end of the long-term channel,the pullback to 42K will be completed and hopefully and I hope that a bullish movement will start from there. BITSTAMP:BTCUSD