Bitcoin - Trading below $9,000 this week
A long Friday shadow indicates that a buyer is exhausted above $10,000, suggesting the possibility of the upcoming decline.
The bearish divergence of the relative strength index on the 4-hour line chart indicates a depletion of buyers. As a result, in the next 24 hours, a retest check of the $8,820 might happen - the former support, which appeared on October 11. Bear divergence will be invalidated if the price rises above
$9,730.
The bearish divergence of the relative strength index on the 4-hour line chart indicates a depletion of buyers. As a result, in the next 24 hours, a retest check of the $8,820 might happen - the former support, which appeared on October 11. Bear divergence will be invalidated if the price rises above
$9,730.
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