Bitcoin
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OH MY GOD!!! Bitoin going to crash!!! We're going to down!!!

The market it's make bearish in H1 and H4 confirmed. At the moment, I put my sell order limit at $49,000 USD towad the $42,000 USD.

There's an interesting short position in this zone of $49,000 USD to sell Bitcoin. And my SL it's around of $52,500 USD. Guys, inevitable, I'd reccomend to closed up your long position in Litecoin, Ethereum, Cardano and Bitcoin Cash as crytpomarket it's turn bearish and also, we hope more opportunites to bought more cheap.

snapshot

This it's the H4 screenshoot. We see that Bitcoin formed a bearish risign wedge, and I calculate my objective to the support of $42,000 USD.

snapshot

Daily chart it's look the bearish panoramic, that it's a correction before to continue up, and we see a bearish divergences in the RSI and price action too
snapshot

And finally, in 3 Daily chart, we see that Bitcoin it's formed a bearish divergences in the RSI and price action. That it's a market correction.

For that, I will going to short Bitcoin!!! I hope that tis analysis it's support you and understand what happened in the crytpo market.


bearishrisingwedgeBeyond Technical AnalysisBitcoin (Cryptocurrency)BTCUSDChart PatternscorrectionmarketanalysisTrend Analysistrendanalysisexplained

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