Gary Gensler Gunning for Gemini and Genesis and other Crypto Caution Flags.

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1 year ago
3

Bitcoin seems bullish. Will this run continue? Before we get too bullish, I want us to be cognizant of a few caution flags I am seeing.

1. Daily RSI Overbought
2. Downtrend Resistance at $18,700, a key price.
3. Shorts Way Oversold!
4. S&P Resistance at huge Area of Confluence
5. Gary Gensler Gunning for Gemini and Genesis

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CNBC Story: https://www.cnbc.com/2023/01/12/sec-charges-genesis-and-gemini-with-selling-unregistered-securities.html

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