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DWK00

BTC price correction before ATH

Short
BTC Perpetual Futures Contract (BINANCE:BTCUSD.P)  
DWK00  
BINANCE:BTCUSD.P   BTC Perpetual Futures Contract
Trend Analysis Chart Patterns Technical Indicators BTCUSD BTCUSDT BTCPERP
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trendanalysis chartpattern indicator btcusd btcusdt btcperp
Using a 4 hr candlestick, it seems that this push isn't enough to reach new ATH. The last price correction took almost 1 day and 12 hours to reach the moving average. This time we can expect the price to fall to 50.6k within 2 days, accumulating before pushing for a new ATH.

Technical :
MACD and RSI indicate overbought.
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