Bitcoin | Short-Term Retrace
Looking at the 1H timeframe for BTCUSD, we can notice bearish divergence building up with the indicators as well as a move below EMA10.
This opens the door for a short-term retrace.
It seems now that Bitcoin knows only how to move up... But nothing goes up in a straight line.
The next target is marked on the chart.
Namaste.
This opens the door for a short-term retrace.
It seems now that Bitcoin knows only how to move up... But nothing goes up in a straight line.
The next target is marked on the chart.
Namaste.
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