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.
Catatan
2021 and 2022
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Potential move:Catatan
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Zone 44k is actualCatatan
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.