BTCUSD Bearish or Bullish?

2 окт. 2020 г.

We see a strong bearish trend on a 1-day chart (the red line), but on a longer-term, the uptrend is not broken yet which is very critical. Breaking the uptrend may result in a major drop to below 10k.

What is your take?

3 окт. 2020 г.

Заметка

The bearish candles seem very weak and it's holding the price above $10500 at the support point which is a sign of continuing the uptrend in the short-term.