hi friends, as you can see in the above chart, we have a famous and clear bearish divergence which you may see in many analyses nowadays. moreover, we can see an ELLIOT wave that is in its retracement phase. so we may see the retracement. although the first main and strong resistance in FIBO is 40000 so let's see if the positive fundamental news lets BTC price down or not.
good luck.
good luck.
Note
here you can see another special view !!
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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.