Bulls tried and failed again. Is this the short-term crash?
BTC/USD COINBASE:BTCUSD
After a bounce off the mid-line yet again, the bulls do not seem to have the steam to keep going.
Indicator is showing a negative trend start to form, albeit weak for now. I anticipate a drop to 35k, which is also related to my daily chart showing the same drop within the week. I can see the drop happening within the next 3days on the 4hr chart.
Of course this is not any concrete advice, no one can predict the future. Use at your own risk. The bulls still need to punch through that midline at 40k, but of course it is not impossible.
