BTC is still not convincing enough in a daily timeframe. Till now BTC is unable to cross above the
31K resistance level. The RSI is making a bearish divergence and it will be disappointing to see BTC going down from this level. According to the chart pattern, I am expecting BTC to hit the $40k level but it's going to be a roller coaster ride, and
31K could be one of the roller coaster's peaks.
Trade safely.
Trade safely.
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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.