BTCUSD: COINBASE
BTCUSD Does what it does, when it wants! However current TA is bearish by all accounts! This is reinforced by a weakening RSI in the oversold region and MACD seemingly reaching another peak. The rising price with steadily decreasing volume indicates bulls are getting tired and the run must soon correct to previous support levels.
Whether it manages to correct itself back to accumulation zones of around 9k or simply corrects back to 11400 and bounces again, remains to be seen!
Whether it manages to correct itself back to accumulation zones of around 9k or simply corrects back to 11400 and bounces again, remains to be seen!
Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.