Bitcoin set to fall ... any BEARS left?

٢٢ أغسطس ٢٠٢١

A rising wedge (blue lines) has already broken to the downside. Price is currently retesting the lower bound of the rising wedge . The horizontal marking what might be the TOP of this relief rally.

RSI has declined during this rally

MACD is looking weak and poised to fall back towards negative territory

٢٣ أغسطس ٢٠٢١

ملاحظة

50K broken... will it hold?

١ سبتمبر ٢٠٢١

ملاحظة

49,450 is resistance. Bulls are retesting this level now. My strategy...

BULLISH if Bitcoin breaks and holds above

BEARISH until Bitcoin breaks and holds above

٤ سبتمبر ٢٠٢١

ملاحظة

Price is holding .... guess we're BULLISH

٨ سبتمبر ٢٠٢١

ملاحظة

The 20% drop yesterday shows that we may soon see a much bigger drop.

BEARISH and waiting for a buying opportunity when Daily RSI gets below 20.