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BTC - GLOBAL PICTURE IS BEARISH !
Short term picture is showing current levels below the clouds
H4 clouds support zone under attack
D1, MBB has been broken yesterday on a closing basis
W1, a bearish engulfing pattern is on progress
For the time being any recovery should be seen as a corrective move in a new bear trend
BTC remains a SELL on rally !
Only a sustainable move above 1945-19700 would force to a view reassessment of the bearish scenario expected calling for lower levels !
A double top pattern is still in progress...
H4 clouds support zone under attack
D1, MBB has been broken yesterday on a closing basis
W1, a bearish engulfing pattern is on progress
For the time being any recovery should be seen as a corrective move in a new bear trend
BTC remains a SELL on rally !
Only a sustainable move above 1945-19700 would force to a view reassessment of the bearish scenario expected calling for lower levels !
A double top pattern is still in progress...
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