I am not drawing as i am on mobile
note. The macd and rsi show bearish trend while price was going up
Zooming out to 4h shows a cup formation and a handle is forming so guess it can have a small dip to about 18250 and then resume test ATH
From recent news of previous days i think Miners may take opportunity to get gains again and may dump btc a bit however corporations are in control with interest on btc and will catch the dip once again
note. The macd and rsi show bearish trend while price was going up
Zooming out to 4h shows a cup formation and a handle is forming so guess it can have a small dip to about 18250 and then resume test ATH
From recent news of previous days i think Miners may take opportunity to get gains again and may dump btc a bit however corporations are in control with interest on btc and will catch the dip once again
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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.