$BTC trend is DOWN Please do not try to long every sweep of the lows, it will cost you a lot of money. Volume is huge on sell candles, low on rallies (SOW)
The last time Bitcoin had 5 consecutive red months was in 2018 As a result, it rallied 344% in the next 6 months. Not saying this will happen again, but it's sure that we're oversold. A bounce seems more likely than another dump.
Both $BTC and $ETH are trading far below its weekly EMA trend. Usually this is a sign a reversal is close. I'm leaning towards a push up in the coming weeks with the weekly bands acting as resistance. High time frame trend stays downwards.
I\'m just gonna wait for another push down on $ETH under the current lows to get everybody to think it\'s over and then max long itNo need to rush things
Seeing metals and stocks rip higher while crypto is down must be a wake up call to diversify your portfolio. Every asset class has its cycle. Always money to be made somewhere.