BTC Targeting Macro Support Trend Line
The world is in a macro bearish economical landscape. Technical analysis reflects it. All momentum and strength indicators are weak and getting worse. Bitcoin can't get back above the 200 MA after multiple attempts to do so and the RSI and Stochs, which some may think show oversold signals, show nothing but weakness. Therefore, macro bias is where it's been since I called the top in November. Macro bear.