BTC - The next step is for the bears
As evident from the chart, a robust divergence pattern has emerged on the histogram, and this trend is reflected across various indicators, signaling that our prices have reached a pinnacle.
While it's uncommon to witness a triple divergence, typically a correction follows two, and currently, we find ourselves in this precise scenario.
There may still be potential for the market to ascend further, a cautious approach to shorting is advised. Consider establishing short positions incrementally on a daily basis.
My confidence in Bitcoin's upward trajectory in the coming weeks has waned.
I anticipate a decline, possibly to the $34,000 zone. Subsequently, a thorough evaluation of the market conditions will be imperative.
While it's uncommon to witness a triple divergence, typically a correction follows two, and currently, we find ourselves in this precise scenario.
There may still be potential for the market to ascend further, a cautious approach to shorting is advised. Consider establishing short positions incrementally on a daily basis.
My confidence in Bitcoin's upward trajectory in the coming weeks has waned.
I anticipate a decline, possibly to the $34,000 zone. Subsequently, a thorough evaluation of the market conditions will be imperative.
Not
2021 and 2022
Not
Potential move:Not
Not
Zone 44k is actualNot
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.
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.