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Bitcoin: Low volume, high RSI, pullback likely

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As highlighted in the chart, a pullback in the short term (to retest the support) appears likely.

This is in line with my observations in the last few days:

Bear market probably ended, but has bull market started?


ETHUSD retest likely, better entry may require patience


On the other hand, we can see that an inevitable golden cross is coming. This means the pullback is not going to be strong --- which is the bullish case.

The bearish case would be if the pullback is avoided before the golden cross, and a crash to below $4200 can happen.
Not
pullback may have started. I'll do another chart later today

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.