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Bearish market structure and concave arc on the daily
BTCUSD Perpetual Contract
Short
Bearish market structure and concave arc on the daily
By FangTrades
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May 5, 2021
5
May 5, 2021
I don't think the bull market is over but imo 60-62k is still a good place to hedge in case we see a larger drawdown.
Ideally BTC keeps ranging so alts keep pumping, then BTC breaks out sometime this summer (white)
Chart Patterns
Supply and Demand
Trend Lines
FangTrades
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