/biz/ - Business & Finance

PLEASE HELP ORAKEK Sun Feb 25 14:00:31 2018 No.7951417 [View]
File: 115 KB, 1236x814, bullish patterns but bad indicators.png [View same] [iqdb] [saucenao] [google]

>>7951091
>>7951249

There are some bullish patterns on the daily charts, but all the indicators look really bad, and there's not too much volume either. Furthermore, market sentiment is pretty bearish, look at

https://datamish.com/dashboard/db/btcusd?refresh=10s&orgId=1&from=now-7d&to=now

We're up 10k shorts from yesterday. I think we're going into a bear market, I think the $9300 support will fail eventually. When it does, the bear market will come. Temporary support at $8800-$9000-ish but I don't expect that it will last for very long before we dip further.

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