Imminent Drop Ahead? Bitcoin Showing Bearish Signals |Short-term

13 thg 1, 2020

Looking at Bitcoin (XBTUSD) short-term (1H) we can see that prices are now trading below EMA10 and EMA50 while the two indicators have a bearish cross.

The MACD and RSI are trending down and volume is really weak after multiple lower highs.
If XBTUSD fails to move back above $8093, prices are very likely to drop.

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