Dan_Wang

BTC, panic selling again?

Long
Dan_Wang Updated   
COINBASE:BTCUSD   Bitcoin
So far I am still bullish for Bitcoin until we break the green support line.

As you can see we could form another wedge bull flag like the previous 2 corrections.

It's funny that last week, YouTubers are all bullish, now if you open their channel, they seem bearish and concerned.

I simply don't blindly follow them, I use my own judgment based on what shows up on the chart right now. As I am writing this post, we still too early to call a bearish case and go back to the 21 weekly MA.
Comment:
Can we create a double bottom in the red support zone ? Or straight down?


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