Bitcoin short-term, the retrace is overBitcoin / TetherUSBINANCE:BTCUSDTMasterAnandaThis might be a little early for most people, yet I am getting some signals saying that the Bitcoin retrace is already over. EMA144 is being tested as support. When Bitcoin turns bullish, there aren't that many red days. It either moves forward or goes sideways. Here we can see some sideways at resistance since 4-May. Currently at support. During the entire recovery period, Feb through present day, there aren't that many times with too many consecutive red days. When dropping, just a few days would cover plenty of space. Bitcoin closed three days red but its price remains really strong. It seems the market is taking out too many over leveraged longs. Hundreds of millions of dollars worth of long positions were liquidated in the past few days, yet Bitcoin dropped less than 5%. This is an early signal. Get ready for a recovery, or resumption or sideways... Pick one, but remove the part where Bitcoin goes lower. We are going up. Namaste.