BTC is still in the bear market.

18 de jul. de 2022

The amplitude of BTC callback is normal in the channel. It can be seen that EMA12 broke through EMA144 on Vegas, indicating the long trend, and there is an expanding trend on the Bullinger band, which also indicates the trend of bulls, but it fluctuates on Stoch. The index exceeds 80%, indicating a serious overbought, so it is estimated that the energy of bulls will continue in the short term, but it will be adjusted back. The price is coming to a suitable position for shorting.