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RE: [ Bitcoin ] Making lower lows. Is the bottom closing in?

in #bitcoin6 years ago (edited)

Check how volume declines with rising price on a 12 hour chart - not bullish at all. The market is still in a crash pattern. It's is going to test 7200 soon. It may bounce there, but there's a high likelihood that we will see 5k before 10k.
Bearish divergence on 3D:
2018-05-22-233741.png

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You are the second person taking about 5000 today. I hope 6700 will be the low. That way we have new higher low from 6500 low.

I am hoping for a bounce to 8100 before we go down again to 7300