As much as we want BTC to fly high, it can sometimes run out of fuel and therefore leads to correction. There is clear RSI/MACD/Volume divergence with the price action. The price is increases but the corresponding change in RSI is not aligned with it. This means there will be a correction coming soon and we can see a good support at 23-24k mark. Hopefully, it will consolidated in 23-24k region before it shines again.
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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.