BTC Analysis February 10

9 Şub 2021

Hi This is Kris and this is my analysis,

Currently we are still at the breakout level and now we are in consolidation phase? ARE BUYERS STILL WILLING TO BUY IN THIS PRICE?
Currently on 1 hour Time Frame I can still see our swing high has a good RSI and MACD no bearish divergence so far,,, so i believe we can still go higher
Our MA are well Aligned and so far supporting the price

I have drawn on the chart on the possible BTC PRICE MOVEMENT in the succeeding days or weeks to come


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9 Şub 2021

Not

Possibility of bearish if breaks down consolidation area and goes back to below 40k