Hello everyone,
Lets talk Bitcoin
so after our recent post regarding the uptrend line that was acting as support but BTC broke it, and now it's at around 39k-38k area,
2 possible sceanrios now,
BTC might bounce back to 41800 if it breaks the downtrend on the RSI as shown in the chart, also MACD shows a chance of crossing and positivity, If BTC was not able then we might see BTC numbers near 37k
Trade safely and do your own research
hope this helps