Bitcoin turns bearish before halving ?
Updated
Bitcoin turns bearish before halving ?
while in my previous posts i have shared that the bitcoin is still bullish
but now after analyzing the bitcoin in the lower time frame we found a head and shoulders pattern forming
the rise towards the 9100$ level may coincide with the U.S Treasury Department's request to borrow another $3 trillion dollars bringing the U.S. debt burden to $25 trillion
the price rejection at the 9100$ level for the 4th time is highly severe and this could indicate a bullish trend
a severe selling pressure would arise at the 8555$ level which could lead the bitcoin to fall below the 7800$ level
this might be a short term indication for bearish trend.
for now i remain quit confident of the upcoming bearish event
and we pause all our long, short, previous ideas and setups for the upcoming bitcoin halving event
Keeping in the mind that thinking of a analyst should be according to the trend but not about the call's he made
im asking my followers to cancel all my followers to cancel all the trades they started.
we are giving a new call for all the followers
Open short : 8850$
close short : 7935$
Stop loss : 9350$
this calls is just our opinion
do your own research before trading
following our ideas wont guarantee you any profits.
thank you !
while in my previous posts i have shared that the bitcoin is still bullish
but now after analyzing the bitcoin in the lower time frame we found a head and shoulders pattern forming
the rise towards the 9100$ level may coincide with the U.S Treasury Department's request to borrow another $3 trillion dollars bringing the U.S. debt burden to $25 trillion
the price rejection at the 9100$ level for the 4th time is highly severe and this could indicate a bullish trend
a severe selling pressure would arise at the 8555$ level which could lead the bitcoin to fall below the 7800$ level
this might be a short term indication for bearish trend.
for now i remain quit confident of the upcoming bearish event
and we pause all our long, short, previous ideas and setups for the upcoming bitcoin halving event
Keeping in the mind that thinking of a analyst should be according to the trend but not about the call's he made
im asking my followers to cancel all my followers to cancel all the trades they started.
we are giving a new call for all the followers
Open short : 8850$
close short : 7935$
Stop loss : 9350$
this calls is just our opinion
do your own research before trading
following our ideas wont guarantee you any profits.
thank you !
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