Bearish on Bitcoin
Bitcoin / US Dollar (calculated by TradingView) BINANCE:BTCUSD
I am making a bearish case for bitcoin . Greed fear index is at Extreme Fear. Stocks are looking weak and bitcoin has been following the stock market fairly closely. (See attached image) In addition, while I am not actually convinced of an inverse relationship with the dollar, DXY is soaring and if there is any negative relationship between the two then dollar strength will only hurt bitcoin .
