BTCUSD Bitfinex

Not a financial advice or something like that.

Retest Fibo 0.113 ?

I'm a bear, but BTCUSD looks rather good for a while to me.
I think BTCUSD is retesting its long-term Fibo channel 0.113 now.

Whenever BTCUSD overcome its long-term 0.113, it has been made a new ATH.

For that reason, I think BTCUSD is quite good situation now.
Monthly MAs are lines up.(It needs break out 10K)

Bearish idea as a short-term bear


- Volume is steadly decreasing from the ATH.
- NVT's hidden bearish divergence is still valid.
- RSI is still staying at bear terrritory.
- CMF is quite below 0.
- Under long-term Fibo channel 1.
- Mass volume is still sleeping.
- and bunch of personal tribial thoughts & doudts.

Take your own risk & get some money.