Bitcoin
Short

The correction Has to be Done

Updated
With BTC failed to break 60000 within the last 3 weeks it becomes more clear that we will have a drop in BTC and returning back to 43000 again for the following reasons :

1- Its noticeable that whales are selling BTC in future markets we can see more Bids than Asks
ibb.co/n1D19ZM
2- Selling accumulation bids were clear even when BTC hits 56000 today earlier
ibb.co/p4nQkcP
3- Wedge Formation seen and price already broken the upper trend since Jan 2021
4- Divergence on RSI 9 Jhon Hyder way
5- 60K breaking up failure within the last 3 weeks

It would very important to have a daily candle below 53000 to have the drop confirmation

BTC will return back to 43000 again based on the chart analysis
Note
LTC analysis remain the same and will follow BTC direction

LTC is losing Momentum
Note
ETH analysis remain weak as mentioned before

ETH , Caution its Moving Down !!
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I am getting a buying signal from BTC future markets CME , as long as 50000 will hold we will have a short term bullish direction
ibb.co/ypBDqsM
Note
We would have a trend down toward 51000 again if not break 57000 soon
Note
snapshot
Note
Keep moving down as expected
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