Bitcoin Analysis short term
Hello Traders, this is my weekly analysis for btc from TA perspective :
Cheers!
- Btc was moving in impulse wave, with confirmation in swing ratio and volume.
- Is now showing volume divergence and momentum divergence, that indicate reversal soon.
- Am still expecting wave 5 to be happen after small retrace towards around 21.3k - 20k to touch MA200 (Daily) once again.
- Will patiently wait for PA for long in that area.
- Won't short because the price still in strong bullish move, unless there's clear PA.
Cheers!
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