Crypto Update: Beware Bitcoin right now: getting mixed signals

With the stock market starting to see weakens in the short term and the dollar in a confirmed down trend I think bitcoin is confused on what to do in my opinion. I think it wanted to go down but the stock market and dollar convinced it otherwise.

The blue arrow shown on the STI (true strength indicator) that the blue lined crossed under the red line so there was a down turn in a up trend for the coin. now again at the red arrow show that this has happened again but the price has gone up. I think this is because of the developing weakness of the markets and the dollar pushing money to safety. I wouldn't be surprised if the blue line at the red arrow will cross the red again and see the coin go maybe 2300-2400, but be careful because these lagging indicators can give faults signals especially in these fast moving cryptos. Thats why you dont what to short these explosive cryptos coins.

Check out my other post:
Bitcoin will go higher and the dollar index down -6%
Brazil stock market crash down -10% in two days