We are currently looking at bearish divergence on the 1D BTC chart. MFI has been steadily declining while price continues to rise. Another bearish sign.
We're sitting right on top of the
13K psychological resistance. My guess is we have a pullback here back down to the $12.6K/$12.3K levels.
We're sitting right on top of the
13K psychological resistance. My guess is we have a pullback here back down to the $12.6K/$12.3K levels.
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Related publications
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.