Is bitcoin bullish or bearish?
Simple and fast analysis
Number of bearish candles in 15 minutes 27 candles from 42199 to 40820
The number of candles in 15 minutes, from 40 ,820 so far, is 56 candles
Quite simply, the height is a correction
The length of time tells you that you are in a correction or an impulse wave
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According to Elliott waves
wave so far a b c
Note that so far wave C has not reached 61.8% strength of wave A.
Of course, a negative divergence will form between the top of wave A and the top of wave C
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The picture is clear, bitcoin is bearish
The analysis is simple and easy
Good luck for everbody