Bitcoin Technical Analysis: 3-Day Chart Looking Bearish

in #bitcoin6 years ago

btcd.PNG

Bearish gravestone doji off of 200sma resistance is being followed up with a current candle moving lower under the 50sma. Death Cross looks imminent as well and will be a new trend sell signal 11-months in to this bear market meaning that we aren't anywhere near the end of the pain for bulls. Beware, moonboys. More bears look to be coming out to play here.

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