BTC !!!
Jul 5, 2022 7:14 PM
In the case of Bitcoin the fact that the 20-50-day averages are falling and the difference between them is increasing confirms that the main direction is the decline.However as the gap widens a reaction can be seen up to the 50-day average. Such exits do not indicate the end of the decline and usually result in resale and decline in the first attempts.I am especially following whether we will be able to maintain the support at the 17 thousand level. The bottoms definitely need time and it will be a painful process.We must be carefull as nothing is looking good and must use stop loss.
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