BTC drops below 15min 200ma
BTC is so weak, it now stands on the 200ma on the 5min. 4hrs 200ma is far beyond reach above some major resistance lines. How anybody can be bullish I don't know.
I projected a possible path. right now I believe we can hit 7500. but it can go as low 6k. I don't prescribe to the doom and gloom if it drops below 7700, or break below the ema ribbons. BTC will not enter a bear market because IT IS ALREADY IN A BEAR MARKET. And BTC can make a U turn and disregard all TA at any moment.
I projected a possible path. right now I believe we can hit 7500. but it can go as low 6k. I don't prescribe to the doom and gloom if it drops below 7700, or break below the ema ribbons. BTC will not enter a bear market because IT IS ALREADY IN A BEAR MARKET. And BTC can make a U turn and disregard all TA at any moment.
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