BTC Bearish Fractal
I'm Comparing the Present Bitcoin Fractal pattern to the S&P 500 Fractal pattern in 2018.
You can see Bearish Divergence.
Also you can see price support at the 50 Weekly Moving Average.
Once the price hit the 50 Week MA after the Bearish Divergence Signal was seen, the S&P 500 broke down to the 200 Week Moving Average.
Will this happen with Bitcoin before making new all time highs?
Might be a wonderful buying opportunity.
You can see Bearish Divergence.
Also you can see price support at the 50 Weekly Moving Average.
Once the price hit the 50 Week MA after the Bearish Divergence Signal was seen, the S&P 500 broke down to the 200 Week Moving Average.
Will this happen with Bitcoin before making new all time highs?
Might be a wonderful buying opportunity.
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