Bitcoin 4hr analysis combined with weekly pattern
Updated
after a massive 52% rally since 30Sep bitcoin finally reached near ATH
on 4hr timeframe RSI look very oversold for few days on daily chart price is far away from 200 MA
we expect a retracement for market to breath & grab some liquidity in order to pump back to break a main resistance at 64K.
good luck. safe trade
on 4hr timeframe RSI look very oversold for few days on daily chart price is far away from 200 MA
we expect a retracement for market to breath & grab some liquidity in order to pump back to break a main resistance at 64K.
good luck. safe trade
Trade active
the market did exactly as expected the pullback occurring since 2days
i expect next week we will see 53k 52k before continuation to the upside
For those who missed the 40k level, it is another opportunity in the coming weeks.
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