We can see on the lower time frames, 2hr, 12hr, 2D things have turned bearish. RSI falling below 50 in shorter time frames, but staying elevated in 6D.
There is some trouble brewing in the broader markets that could cause a shortterm drop in BTC.
Also, we are just cooling off from our last jump up.
6D time frame is still pointing to a higher high.
There is some trouble brewing in the broader markets that could cause a shortterm drop in BTC.
Also, we are just cooling off from our last jump up.
6D time frame is still pointing to a higher 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.