Showing multiple indications now that the this is either pulling back substantially or turning bearish. Hard rejection at our Blue line and did not flip bullish at all.
The market struggling will probably add to the challenges here too, so I doubt this will turn bullish if the market does not either.
Again it baffles me that people would buy this when we are being presented with many opportunities shortly to buy stocks that are undervalued but maybe I am out of touch with Crypto so I need to be mindful of that. It's popular when it does well, not popular when it collapses.