Bitcoin / TetherUSShort
Pivotal moment for $BTC on the 4h chart could retrace to 18k-20k
Seems like a pretty pivotal moment for BTC right now on the 4h chart. Currently testing the 50ma with the stoch RSI at the top of the overbought territory. If BTC gets rejected here there could be a pretty swift decline back to 20K range or even back to 18K. However, if it breaks the 50ma and begins to consolidate it could be an indicator of a reversal and the bottom may have been found.
BTC right now on the 4h chart. Currently testing the 50ma with the stoch RSI at the top of the overbought territory. If BTC gets rejected here there could be a pretty swift decline back to 20K range or even back to 18K. However, if it breaks the 50ma and begins to consolidate it could be an indicator of a reversal and the bottom may have been found.
@CryptoChem0000 | CryptoChemistry.io
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