at least my daily chart analysis shows this based on price pattern , CMO and RSI. seems bitcoin is entering into 4th wedge in my chart and and sadly this wedge is down slopping and pointing towards 6k . at this point RSI (14) also down slopping and CMO also entering in selling zone . and at 6k $ in around end of may or start of june , bitcoin will also exit upwards from largest descending triangle which started at peak of 19000$.
so technically its better to stay in short positions till atleast mid may 2020. well i may be wrong bcz m newbe into analysis.
so technically its better to stay in short positions till atleast mid may 2020. well i may be wrong bcz m newbe into analysis.