Bitcoin / TetherUSShort
BTC weakening?
From when BTC price was at 14k, i believe the price should be bullish up to ATLEAST 30k usd, yesterday price movement saw btc broke above 26k and getting close to the 30k to 33k mark, but as we can see, is the current move getting weaker now?
The momentum on macd histogram is getting weaker, likewise bearish divergence forming on RSI, buy volumes becoming lower and lower while price keeps pushing up creating a strong anomaly.
Dominance is also showing the same weakness as it approaches resistance....could this be an early sign that btc is becoming weak and will either go into a sideways movement of correction while alts take over? many altsbtc pairs are looking extremely bullish with a few doing over 100% move but bouncing back immediately.
Price of BTC may still continue to the upside, thats a normal thing but then the top for now may be getting closer and closer.
The momentum on macd histogram is getting weaker, likewise bearish divergence forming on RSI, buy volumes becoming lower and lower while price keeps pushing up creating a strong anomaly.
Dominance is also showing the same weakness as it approaches resistance....could this be an early sign that btc is becoming weak and will either go into a sideways movement of correction while alts take over? many altsbtc pairs are looking extremely bullish with a few doing over 100% move but bouncing back immediately.
Price of BTC may still continue to the upside, thats a normal thing but then the top for now may be getting closer and closer.
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