https://www.tradingview.com/x/zVwaWUuD/
Bitcoin is preparing itself for a violent move, according to the volatility index, which is incredibly accurate.
https://www.tradingview.com/x/ECcMklek/
This move was bullish, but as days passed and no continuation in sight it turned bearish.
We then broke support, had a bearish cross, which was retested and rejected. all in high volume, it was the perfect spot to open a reasonable position with a stop above the 200MA.
https://www.tradingview.com/x/3shNGXFL/
Everytime we had this cross (to be confirmed in sundays close), bitcoin crashed 80%. My personal oppinion is that this is not happening.
So, yeah... untill something changes, I'm still bearish and paying attention to those yellow lines.
7900$
6000$
4150$
#trading #bitcoin #Bitcoin2019 #BitMEX #cryptotrading #Crypto#cryptocurrency #Litecoin #ethereum #Ripple