A tale of two conflicting trends. Which one will win?

26 ม.ค. 2021

Bitcoin is coming to an intersection of a long term up trend and a short term down trend.

Which one will win? The current short term downtrend indicates Bitcoin may fall to $29,000 and test again.
Or it could pick up the long term trend and move higher.

26 ม.ค. 2021

บันทึก

4 hour MACD still trending low. Started to gain steam but appearing to start to pull back a little. Maybe it will reach very low in the next 16 hours and return with a pop.

26 ม.ค. 2021

บันทึก

So far it looks like Bitcoin BTC/USD is headed down following the short term trend. However these trends are easily broken by whales and can reverse fast.

26 ม.ค. 2021

บันทึก

Bitcoin trying to work it's way back into the long term uptrend.

28 ม.ค. 2021

บันทึก

Looks like my original battle has turned into a massive bull flag.