#REVIEW BITCOIN GLOBAL
I don't want to spread fud and stuff, but I can't say that the global picture is bullish. Many people say that this price is a bargain because of 50% retrace. However, in 2018 there was a 85% retrace, so it means nothing to me.
Technically speaking, #BTC price is in the bearish horizontal triangle. As you see, I made a chart of the average price from most popular exchanges. I did that because 19th May lows are all different thanks to huge volatility, so if we plus them together and divide, we'll get the average chart. As you can see, there is a clear double bottom and the only thing I know about double bottoms in crypto is that they are not reversal points!
I don't say that you should short the hell out of it, I just want to remind that I am out of Bitcoin! Also note that this entire chart is invalidated in case #BTC fixes above $36k!
