BitcoinShort
BITCOIN LOSING ITS MOMENTUM? SHORT TERM BEARISH SETUP.
I have been noticing the price exhaustion of Bitcoin on the Daily price graph. If you notice the momentum to the highs are very limited compared to its recent momentum. And notice the big divergence on the RSI. On its previous correction it took only two big down candles for correction as compared to to its previous pullbacks. I have ha feeling prices needs to breath lower before it can make a big push higher so I'm betting a correction to its previous structure lows.
Let me know what u think
Indicators on chart are
Daily 200sma bollinger band
RSI with 100sma bollinger band
Let me know what u think
Indicators on chart are
Daily 200sma bollinger band
RSI with 100sma bollinger band
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