2021-12-06

Bull vs Bear Market

BTC is under its channel that I drew ffrom the March 2020 low. Financials is also under the March 2020 support line. This setup almost always failed in the bull market. A retaking of support would be bullish and a failure and turn lower would be bearish. I lean bearish here because I expect a bear move will far exceed a bull move in the next few days.

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