bitcoin is either hitting a top or pausing for 1000 dollars more
https://charts.mql5.com/18/205/btcusdm-h1-exness-ltd.png
RSI is still fine 67. distribution pattern is fine and bitcoin is closely following ether. ether has cleared all resistance on the charts and clearly in bull territory. unless we clear out 9262 we can't talk about bears in bitcoin.
RSI is still fine 67. distribution pattern is fine and bitcoin is closely following ether. ether has cleared all resistance on the charts and clearly in bull territory. unless we clear out 9262 we can't talk about bears in bitcoin.
Comment:
We have stopped at 9948 for now. What remains to be seen is if 10140 area.is cleared or not.
Comment:
looks like the chop time is over and we are in for a serious correction. I said two things either we have topped around 9800-900 area or we are pausing for 1000 dollars move. until we stay below 9685 downtrend is still on. 9236 should provide support. if we fail there 8800 will come