We have seen BTC run up quite remarkarbly, but everything has to come to an end!
With all the hype around BTC right now, and with my grandparrents beginning to talk crypto I feel the bull market is coming to an end.
Using Elliott wave we can easily see that the 5th wave has to end somewhere around the current area and perform a proper correction.
Also we have been seeing some bearish divergence in the RSI lately which indicates that the market need to turn red for a while!
Beware that shorting this market is a very big risk.
Best regards,
Widtrade
With all the hype around BTC right now, and with my grandparrents beginning to talk crypto I feel the bull market is coming to an end.
Using Elliott wave we can easily see that the 5th wave has to end somewhere around the current area and perform a proper correction.
Also we have been seeing some bearish divergence in the RSI lately which indicates that the market need to turn red for a while!
Beware that shorting this market is a very big risk.
Best regards,
Widtrade