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Technical analysis by leongaban about Symbol BTC on 3/12/2022

https://sahmeto.com/message/3364891
leongaban
leongaban
Rank: 14570
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،Technical،leongaban

Bearish scenario is more likely. So far lengthening cycle theory still has a chance to play out, however we've been in a several month bear market already... also the double top on Bitcoin last year is way too strong over over look at this point.As the war and regulatory uncertainty continues in the US, we could continue to see depressed crypto prices going into summer.

Translated from: English
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Signal Type: Neutral
Time Frame:
1 day
Price at Publish Time:
$39,039.24
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