Watchlist: 4/19 Bitcoin Bears

Market Notes:

Bitcoin fell nearly 20% off of recent highs over the weekend. Cracking the 50 days moving average for the first time in more than six months. If the downtrend continues Bitcoin could go into a bear market for the third time this year.

I remain bullish on Bitcoin for now.

Stocks are continuing to grind up. New record all time highs on Friday. Two weeks to go in April.

Futures are down and I’m risk off. Will be watching for a new emerging trend.

Watchlist:

BTN is a low float with support at $4.50
RFP has resistance at $15

watchlist

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