🚨 $BTC WEEKLY TIMEFRAME: BEARS ARE BACK! 🐻
Bitcoin is showing renewed bearish strength on the weekly timeframe. The market has now recorded 4 consecutive bearish weekly candles, indicating that selling pressure remains strong.
The bigger picture is still looking bearish, and bulls need to show serious strength before we can expect a trend reversal.
⚠️ Don't ignore the weekly trend. A strong recovery is needed before calling the bottom.
4 WEEKS BEARISH. BEARS STILL IN CONTROL! 🐻📉
#BTC #Bitcoin #BearishTrend #CryptoMarket #WeeklyTimeframe #Binance
$BTC
Bitcoin is showing renewed bearish strength on the weekly timeframe. The market has now recorded 4 consecutive bearish weekly candles, indicating that selling pressure remains strong.
The bigger picture is still looking bearish, and bulls need to show serious strength before we can expect a trend reversal.
⚠️ Don't ignore the weekly trend. A strong recovery is needed before calling the bottom.
4 WEEKS BEARISH. BEARS STILL IN CONTROL! 🐻📉
#BTC #Bitcoin #BearishTrend #CryptoMarket #WeeklyTimeframe #Binance
$BTC
