Bitcoin
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Watch these Levels for a potential Low and Reversal of Bitcoin

Bearish View:
  • Weekly MacD is turning bearish
  • Weekly RSI has still a way to go until 54 which was the lowest in the last Bull Market
  • Clear descending Triangle on Daily and 4h which is likely to break to the downside with it's 3rd or 4th retest
  • Lower Highs since 14k


Levels to watch if breakdown happens:

8350-8750 range
  • 0.5 Fib Retracement
  • 21 Weekly EMA will probably act as resistance in that area


7150-7650 range
  • 0.618 Fib Retracement
  • 50 Weekly EMA will probably act as resistance in that area
Chart PatternsTechnical IndicatorsTrend Analysis

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