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Bitcoin / TetherUS
Short
Aug 19, 2022
BTC JUST BROKE! DOWN!
2
Grab this chart
Grab this chart
BTC is still retesting its rising wedge. If it close below it, it will be a massive downtrend to test the next support at 20.3k
Short is the smart way to go now.
Another confluence factor is DXY. If DXY increases, BTC moves down.
Currently, it had just pumped, meaning both factors indicating market has flipped to bearish.
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ntguild2
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BTC downtrend now - bearish divergence
by ntguild2
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