BTC nearing the 50K resistance
BTC is near to the 50K resistance that will probably need some attempts to be overcome and some serious volumes.
The RSI is still decreasing showing loss of momentum and foreseeing a hidden bearish divergence.
When BTC will go back to the over-50K range the sentiment will almost certanly be universally bullish and lead to an injection of liquidity.
The 20D EMA has ben tested in the recent past and provided some nice support for the coin growth. I expect it to be touched several times before BTC will finally be able to got over the 50K resistance.
What's your guess?
*Not a financial advice*
The RSI is still decreasing showing loss of momentum and foreseeing a hidden bearish divergence.
When BTC will go back to the over-50K range the sentiment will almost certanly be universally bullish and lead to an injection of liquidity.
The 20D EMA has ben tested in the recent past and provided some nice support for the coin growth. I expect it to be touched several times before BTC will finally be able to got over the 50K resistance.
What's your guess?
*Not a financial advice*
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