Very important time for BTC
As we expected in previous analysis, the bitcoin reached 20500 and now it’s testing the important resistance line in the 4H timeframe, if BTC could maintain this level there would be ready for 21k or above, but as it is clear, RSI and MFI are near the overbought zone so the possibility of downward move is more than an upward move.
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Related publications
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.