BTCUSD - Still bearish
Happy New Year!!!
Has something changed? No! In my opinion the BTC ist still bearish. At first we see lower high after lower high and falling volume. I´am suspiciously, everybody is talking about the bullrun. Don´t get me wrong, a bullish move is possible but we have to break the resistances in the chart. At the the moment there is just hope for a bullish move, nothing more. Breaking the level of 4.400$ is the first warning signal for the bears.
I suppose a kind of range mode and a bearish move to the major support level of 3.000$, maybe we see a short brutal move to the area of 2.500$-2.700$.
Has something changed? No! In my opinion the BTC ist still bearish. At first we see lower high after lower high and falling volume. I´am suspiciously, everybody is talking about the bullrun. Don´t get me wrong, a bullish move is possible but we have to break the resistances in the chart. At the the moment there is just hope for a bullish move, nothing more. Breaking the level of 4.400$ is the first warning signal for the bears.
I suppose a kind of range mode and a bearish move to the major support level of 3.000$, maybe we see a short brutal move to the area of 2.500$-2.700$.
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