BTC 1W - A potential retrace forming. Let's see what happens?BTC Weekly chart is looking like we're shaping up to retrace short term.
Covid 19? Stock crash? You pick the panic, people will sell at this level and who will buy in the top 10% when we know there's a sell wall @ 20k like nothing else in the crypto world.
I noted an evening star Potentially forming. This weeks candle is very young so don't take this as gospel.
MACD is strong. RSI is oversold and volume has been steady but lacking from the spike.
Beware what may befall the might BTC this week. That said expect a rush of money to alts like we've never seen once BTC chills out a little bit.
If you hodl, you be rich. If you trade, be 200% careful right now. There's a huge wave of volatility that's about to hit the market I feel.
