What will happen to bitcoin in the coming days?

Our forecast, which we made at the beginning of last week, came true. The price has reached the range of $10,800 - $11,000. Here you can fix a position. If you listened to our signal, then the total profit would be from 7% to 10%. (tradingview.com/chart/BTCUSDT/sH9udRwp-Short-term-signal-for-Bitcoin-growth/)

What to expect from bitcoin now? On the hourly timeframe, the chart looks overbought. You can see this by the Stochastic and MACD indicators. A similar situation occurs on the 4-hour timeframe, where many accompanying signs indicate a correction.

At the same time, there is still a large power reserve on the daily timeframe. Therefore, we think that in the next couple of days, the decline may be down to $10,500. After that, it will be possible to judge the future direction of bitcoin.