10-13-2019, 04:06 PM
It remains to be seen what the real market sentiment is. Bears will see the 20 WMA as lost, and the descending triangle breakdown could be interpreted as a sell the rally scenario. Meanwhile, the bulls will see the retracement into support as being a buy the dip opportunity, so it is unsurprising that Bitcoin is experiencing volatility.Despite the bullish start to the week, it’s important to note that the bulls must regain the 200-DMA quickly.