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Seeking Alpha 2021-07-08 16:14:33

Bitcoin Crash 2021: Moon Or Doom? Take A Look At These Charts

I expect Bitcoin to break down soon and settle below $20,000.However, you can also make a bull case from the charts. Examine both viewpoints before making up your mind.From a TA perspective, bulls expect the current chart development to turn into the classic W form.If you're a bear but Bitcoin starts to rally, jump on DeFi with lower exposure where you can catch the upside beta without the capital risk of going all in.It's a trader's paradise, but noise trading is an extremely difficult and costly game and an easy environment to dissipate your capital.

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