Bitcoin is still poised to fall below $3000

Bitcoin is continuing to fall in the long term against the USD. Targets around 3000 and lower based on past limit trends seen in the chart. The big picture still points downward. Looking for it to break past the 50 day EMA on the 4 Hour chart and .382 fib from last market structure.

Note:
I am not a professional trader. I do this for fun. Do your own research. Troll go away.
Comments and likes welcomed.

Kommentera:

For Bitcoin to turn bullish, it must close and hold above Major downtrend line (in light blue), rise above the .382 fin from the major current market structure and go above the EMA 200 and EMA 50 of the 4Hr chart. Otherwise, I am not getting in.
I may not be a professional, but I've been doing this for a long time.

Today wasn't the day. If BTC can't break this line, then down we go just like the previous 3 times. Good luck.

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