#BTC CLOSE TO A CRITICAL RESISTANCE
As BTC continues its bullish journey towards the halving, a very strong resistance is approaching. It will take another layer of bullishness to cross the weekly Kijun resistance built during T1 of 2022.
We might see a rejection there, also according tho the Bearish divergence on the RSI.
RSI reset to a cooler level before the halving (pre-halving correction). Then BTC will be ready for a new All Time High.
We might see a rejection there, also according tho the Bearish divergence on the RSI.
RSI reset to a cooler level before the halving (pre-halving correction). Then BTC will be ready for a new All Time High.
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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.