Time for the Bitcoin to consolidate/correct?
There is a divergence between RSI and Bitcoin price. In addition to that, Bitcoin price is breaking the trend line that has been guiding the price upwards since the beginning of the year. It seems that is time to digest gains for the next weeks ahead.
Consolidation can only take two directions: sideways or down.
The next important resistance could be 43k.
What is it going to do? No one knows, only time will tell.
Have fun and be careful out there!
Consolidation can only take two directions: sideways or down.
The next important resistance could be 43k.
What is it going to do? No one knows, only time will tell.
Have fun and be careful out there!
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