technical indicators have been wrong for a few weeks now. the current bearish mode is more to do with things outside the market. people are scared to invest more as they dont know if the govs will crack down on crypto exchanges or not and security / hacking news frequently are not helping. it may not goto 3000 but 5000 is not too far now.
You are viewing a single comment's thread from:
i know people are more scare about the price drop but it normal i got some positive indicator in my TA where bitcoin ready to take off. see image
its not that i dont see your TA and i am sure it is right but the bearish market has its own control over the charts. the negative sentiments can override the positive signs we see in charts.