Jocoin

BTC: does not look good ! .. Once Again

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Jocoin Atualizado   
BITSTAMP:BTCUSD   Bitcoin

2020-02-21
No one will forget that date when btc drop from 10k level to below 4k 3 months ago in a matter of couple weeks

We still have the same view for btc and its still correcting on long term although btc recovering and touching 10k level once again
but same reasons on chart and indicators does match the previous situation .. Its time to be careful

My advise is to watch closely this deadly hidden bearish divergence that could play out on daily chart the first sign will be the break down of the uprising channel support.
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