BTC almost hit the ATH but now we can see a red candle which could be a formation of a downtrend or a step back to jump even further.
As per my observation, it a for sure that a death cross is waiting for BTC but the real question is WHEN???
Honestly, I don't know yet but maybe we have to wait for the weekly closing of the candle.
BTC is performing immensely great but a correction is a must. This correction can be big like 2017 or it could be a step back to break the resistance.
That's it from my end.
Show me a thumbs up if you like my ideas and follow me.
See you again until then stay safe.
Thank you.
As per my observation, it a for sure that a death cross is waiting for BTC but the real question is WHEN???
Honestly, I don't know yet but maybe we have to wait for the weekly closing of the candle.
BTC is performing immensely great but a correction is a must. This correction can be big like 2017 or it could be a step back to break the resistance.
That's it from my end.
Show me a thumbs up if you like my ideas and follow me.
See you again until then stay safe.
Thank you.
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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.