$BTC trend is DOWN Please do not try to long every sweep of the lows, it will cost you a lot of money. Volume is huge on sell candles, low on rallies (SOW)
The last time Bitcoin had 5 consecutive red months was in 2018 As a result, it rallied 344% in the next 6 months. Not saying this will happen again, but it's sure that we're oversold. A bounce seems more likely than another dump.
Both $BTC and $ETH are trading far below its weekly EMA trend. Usually this is a sign a reversal is close. I'm leaning towards a push up in the coming weeks with the weekly bands acting as resistance. High time frame trend stays downwards.
I\'m just gonna wait for another push down on $ETH under the current lows to get everybody to think it\'s over and then max long itNo need to rush things