BTCUSD Entered Downswing
I haven't been seeing much thought over this recent BTC movement has resulted in a downswing.
The BTC bullish movement over the past few months from 30k up to 50k was a complete upswing on the daily chart. Even after the 20% correction a couple days ago, BTC remained in an upswing.
Only after another daily candle from that 20% bar was a downswing confirmed, and it has maintained it's downswing since.
Just something to note.
DISCLAIMER: This is not trading advice. Always do your own analysis before entering into any trading positions.
Happy Trading,
Oz
The BTC bullish movement over the past few months from 30k up to 50k was a complete upswing on the daily chart. Even after the 20% correction a couple days ago, BTC remained in an upswing.
Only after another daily candle from that 20% bar was a downswing confirmed, and it has maintained it's downswing since.
Just something to note.
DISCLAIMER: This is not trading advice. Always do your own analysis before entering into any trading positions.
Happy Trading,
Oz
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