Downtrend until proven otherwise (red arrow), but I expect a #Bitcoin relief rally at some point (green arrow). • I do not expect a new all-time high in the near future, as higher time frames have flipped bearish. • It is possible to see one more downward move prior to the relief rally. • If there is a breakout today or tomorrow, it could be a fakeout due to low volume as of this writing.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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