Bitcoin Just Flashed This Extreme RISK Signal (not seen since 2017)

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Added by allcryptostaff
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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. #Bitcoin #BTC #AlessioRastani

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Category
Market Analysis

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