 | Bitcoin price has decreased by 26% over the last 3 weeks. The reason for the Market Dip is clear and simple. The Stoachstic indicator failed to build a head and shoulders pattern, because the Difficulty Ribbon Compression was above the MACD but closed just barely under the Bollinger Bands. This resulted in a Death Cross built by the RSI. So as soon as the Alpha-Beta Trand channel crosses this line once again, we are free to move either up or down in the Klinger Oscillator, resulting in markets to stop dopping. TA is really easy guys. [link] [comments] |
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