Monday 22 February 2021

Bitcoin Just Flashed This Extreme RISK Signal

Bitcoin just flashed this extreme risk signal (not seen since 2017). Bitcoin's rally this year has taken it to above 50K. However, the rally is now accompanied with a major risk warning signal that we have not seen since December 2017 - right before a major top and an eventual 89% drop in its price. Could something similar happen to bitcoin now? What could this signal mean in relation to the charts? We explain. TA Video by Alessio Rastani.

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