BTC is still struggling to break above the dotted trendline, technically forming a hidden bearish divergence. In my previous update, I mentioned that BTC must close above 64K on the daily chart to invalidate this hidden bearish divergence. At the moment, we are seeing a rejection, and the 100 EMA (yellow line) needs to be held as support. A breakdown below the 100 EMA could likely have a bearish impact on BTC.
Stay cautious and trade safely.
Always do your own research and analysis before investing.
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.