#bitcoin bounce maybe but break long bears not yet Y/N
Price has broken below the between two consecutive highs (pink square). has gone below zero (light blue vertical on chart). All that remains is for Histogram to drop below zero (yellow vertical on chart). In the meantime maybe still be room for a bounce.
Does Histogram need to drop below zero, could a surprise move in fiat dollar, or other market cause a statistical upset, and a break with earlier an pattern, sure – nothing is always perfect. Also, my kind of observations are always too short to be considered of statistical/industrial strength relevance.
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