Unpopular opinion: This isn't a breakdown chart. It's a bear trap chart. Everyone sees: • Fear • Oversold RSI • Negative MACD • 2022 comparisons I see: Exhaustion. The crowd is preparing for $50K Markets usually punish the crowd. Does Bitcoin rally from here back to the 50 EMA? YES or NO? 👇 #Bitcoin #Crypto
Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.