BTC 1Week
I have very bearish thought on BTC.
But, at the same time I see the some looking good hints for trend reversal.
1. BTC made the historical low rsi.
But the hidden bearish divergence is still remaining.
2. IHS pattern is forming its right shoulder.
If BTC break out the neckline(app.42XX), it could reach 5K and the even higher.
But, why ?
I don't have plenty of news or reasons for the trend reversal.
Now we are at the front line. I think.
Think twice when you buy or sell anything.
But, at the same time I see the some looking good hints for trend reversal.
1. BTC made the historical low rsi.
But the hidden bearish divergence is still remaining.
2. IHS pattern is forming its right shoulder.
If BTC break out the neckline(app.42XX), it could reach 5K and the even higher.
But, why ?
I don't have plenty of news or reasons for the trend reversal.
Now we are at the front line. I think.
Think twice when you buy or sell anything.
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