Bitcoin is heading lower temporarily in my opinion. It just broke out of the upward channel on the 4 hour time frame.
Tried to bounce off the lower channel line but failed with a double top and turned back around downwards
RSI is at 50
Close to 50 EMA
Definitely need to watch this one
Tried to bounce off the lower channel line but failed with a double top and turned back around downwards
RSI is at 50
Close to 50 EMA
Definitely need to watch this one
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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.