After the postponement of Bitcoin tradable funds, we saw the market fall to the $34,800 area, which is currently correcting its previous wave.
Apart from the fact that this news had a negative impact on the market and some people started giving bearish strategy ideas, but the mood of the majority of people is positive for the growth of Bitcoin.
As I explained in...
Bitcoin are showing signs of weakening.
1.RSI are poiting down, and btc growing price. Possibility of Diverging RSI.
2.Bitcoin are loosing vol. That's mean the main trend are loosing strength. Technically by the books thats mean the trend are wrong, people are not interessed at that price.
3.Bitcoin broke a triangle at 60k and should be flying 30% right now,...
BTC USDT, in falling wedge. After breakout 58k, next wave on fibonacci is 67k but, divergence is on chart daily and weekly, more rising wedge, price down to 52k and 48k levels. Good lucky and becareful in trades.
