Bitcoin Inverted: BTC Macro Bearish
3 Month Intervals, Log, Inverted. (inverting BTC can sometimes help avoid bias provide a different perspective on price. )
- Looking at this objectively (as possible), BTC looks like it has broken resistance at $17,200.
- RSI looks bearish with a 4 year divergence that has broken the 50 band across multiple exchanges.
- Expectation: Possible retest of $17,200 to start the year before move beyond
13K with initial low target of 7k supported by a trend-based Fib extension.
Harbouring a macro bearish bias across equities and perhaps too much Robert Prechter recently so taken with a pinch of salt.
Best, HF
- Looking at this objectively (as possible), BTC looks like it has broken resistance at $17,200.
- RSI looks bearish with a 4 year divergence that has broken the 50 band across multiple exchanges.
- Expectation: Possible retest of $17,200 to start the year before move beyond
13K with initial low target of 7k supported by a trend-based Fib extension.Harbouring a macro bearish bias across equities and perhaps too much Robert Prechter recently so taken with a pinch of salt.
Best, HF
Catatan
right no cue - BTC coming into 17,200 target Catatan
17200 target hit 
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.