BTC analysis

2022年1月7日

I've been using sequential 9's for half a decade now and whenever you see a green 3 with a red candlestick it usually signifies a hefty downfall. Granted we haven't closed this monthly candle yet but if it closes as a red candlestick with a red 2 I think we tap previous support in June at 30k then continue bobbing then down ultimately to 12k..

Also not posted but the MACD is about to cross on the monthly. Not good either. This is either an ultimate bear trap or it is the beginning of a confirmed bear market in my eyes.