A monthly close below $40k would mean BTC is going in a bear market that could force a test of the $18k support as a possible next scenario. When comparing BTC to the GBTC chart i`m even more convinced that this cycle is done.
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Handel aktiv:
The neckline is broken
Handel aktiv:
The 200w MA is starting to look more and more like a support area i would be interested in making a trade.
Handel aktiv:
GBTC double top on the monthly, neckline broken.
Handel aktiv:
Downtrend continues as expected
Trade stängt: målet nått:
It was in the charts all along: