Bitcoin has reached the top of my 2021 Ascending Macro Channel.
- Dow Theory currently says Bitcoin will get dragged down with the wider equity markets if they drop below October lows.
- Momentum suggests BTC can break higher towards $50k
Leaning towards the downside.
Best, Hard Forky
- Dow Theory currently says Bitcoin will get dragged down with the wider equity markets if they drop below October lows.
- Momentum suggests BTC can break higher towards $50k
Leaning towards the downside.
Best, Hard Forky
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teasing
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retest - possible break to the upside
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test and support confirmed
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on the run
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possible retest a
36K
36K
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reaching top of extensions
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Second touch, red target area for short -
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top
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Shorted