Crypto Universe

BTC/USD Update

Nothing has really changed since last week - we’re still in the same spot. A classic textbook example of the development of a bearish market structure.

Price action is cringe, as my son would say.

This week hasn’t offered any major opportunities yet, but we’re staying patient and holding the bigger short positions.

Waiting for downside continuation 📉, but I would prefer a sharp move down, rather than this slow bleeding 🩸🩸🩸

Not many bullish signs for crypto until autumn 🍂