Bitcoin moving as expected to new lows. Bearish outlook remains the same although a short term retrace can't be overlooked. Bitcoin has closed the quarter, month and week lower now. On the daily its showing the beginning Death Cross. Over the coming months it should be able to be bought much cheaper. Most crytos have the same outlook. I am mostly stating fact. The closes are fact. The Death Cross is something some traders use for direction. A Death Cross is usually viewed as Bearish sign. Of course what has happened in the past, does not mean it will in the future. I don't have a position in Bitcoin or a Bias. I do want to buy all my investments at the lower price. Peace and Happy Easter.
You are viewing a single comment's thread from: