Bitcoin short-term view - recovery as predicted

Bitcoin short-term update - 1h chart

(a) BTC at price resistance $16,500

(b) SMA200 + EMA50 (4h chart) accumulated resistances

(c) RSI overbought

(d) 2nd leg to $15,460 likely

(e) next bullish target $18,000

Have a great day dear Crypto Nation

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Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion