Crypto stocks & Bitcoin slaughtered!

ProShares Trust ProShares Short Bitcoin Strategy ETF (BATS:BITI)

BATS:BITI ProShares Trust ProShares Short Bitcoin Strategy ETF

trendanalysis chartpattern mara coin mstr btc bitcoin crypto

Stocks like Coin, Mara, MSTR all got s=demolished this week on the back of BTC having a 11% pullback from highs.

Bitcoin is forming a weekly reversal candle that is extremely bearish.

This candle could indicate a near term top in the crypto market.

If we get a weekly hammer reversal expect a 50% retrace on the bearish candle, this means some crypto stocks could be in for a dead cat bounce.

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