What happened to the “relief rally”?

We are in uncharted territory, do not wait for the classic “relief rally” or bounce because we are already in a new pattern.

It is the first time that Bitcoin goes on a 7 week strike.
We are on the 8th week and things continue red.

The usual signals we look at are all bearish .

We do have a bearish cross on the EMAs which normally leads to a bounce followed by lower prices… But again, we haven’t seen any type of bounce.

This is telling us that very likely we will see prices go straight down.

Namaste.