BTC reached ATH and faced a strong rejection in the ATH supply zone. BTC's correction since March has become the most sophisticated one in the entire history of Bitcoin!
So it's indeed difficult to predict moves in longer timeframes but if the chart's daily bearish divergence works, we'll probably see BTC heading for 62,000 zone within the next couple of weeks .
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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.