BTC IN A BEAR TREND

11 มิ.ย. 2021

As shown by stars each top is lower, we are printing lower highs. We have a descending trend. This is a bearish sign. Also MA50 AND MA200 already became strong resistances and price is now much below MA200. I won't start thinking bullish unless we breakout the falling trend and stay above.

Yellow Lines are the monthly candle's borders, blue one is the mid price of the monthly candle.