bitzoo

No Bear Market Yet

BITFINEX:BTCUSD   Bitcoin
What if there hasn't been a bear market yet?

Everyone is talking about when the bear market is going to end. To me it looks like the market is just consolidating - moving sideways before continuing the bull market or actually starting a bear market.

The worlds largest triangle is what we are all watching right now.

I'm edging on the side of a bear market beginning, some important MAs are trending down and BTC is below a lot of them.

No buying for me until BTC is above all the MAs.
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