- What we see here is B of the elliot correction waves forming - also the double top that formed is confirmed - Volume is decreasing that means we are on resistance now - Also we are still in the downtrend - In the 1 day chart its all red and a little little green candle is forming what is already decreasing
All signs we have now are still bearish, that is what the charts say. There are not much bullish signals.
Good luck with your trades!
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Okay, as we can see BTC had a bounceback at the resistance. Scared bear is incoming.