BTC has re-tested the ATH area and now has closed below the 19,544 support (new resistance).
We can see the RSI is overbought, and looking back at previous peaks on the 1HR chart we can see a correction.
As of now BTC does look to go towards 18,100-18,200 trend support (purple line). From there we can except to see a bounce off or a break through support.
If we break through support next trend support will be around 17,000.
We can see the RSI is overbought, and looking back at previous peaks on the 1HR chart we can see a correction.
As of now BTC does look to go towards 18,100-18,200 trend support (purple line). From there we can except to see a bounce off or a break through support.
If we break through support next trend support will be around 17,000.