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4.6 Bitcoin Two-Pie Public Strategy
Trend: The daily chart shows a clear downtrend, with higher lows and lower highs, and weak rebounds.
Moving Averages: Bearish alignment, with all lines under pressure.
Pattern: Downward continuation, rebounds do not change the weak trend.
Indicators: Bearish momentum dominates, with higher downside risk.
Strategy: Expect resistance on rebounds to short, follow the trend if broken.
Bitcoin Two-Pie: Rebound to around 2120-2140 can be used to establish short positions. First target: 2020, second target: 2000.
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