I'd posted about the potential intermediate top coming in a few days ago, and this is still looking like it may play out, too.
The fib sequence here seems to fit well.
We have a bearish divergence on the RSI on the 240.
The volume in the recovery rallies have not been great.
We are in what I think is a rising wedge.
So, I still am biased toward the case that BTC faces a real correction soon.
Please feel free to collaborate and respectfully disagree with different ideas if you'd like.
Thank you!
The fib sequence here seems to fit well.
We have a bearish divergence on the RSI on the 240.
The volume in the recovery rallies have not been great.
We are in what I think is a rising wedge.
So, I still am biased toward the case that BTC faces a real correction soon.
Please feel free to collaborate and respectfully disagree with different ideas if you'd like.
Thank you!
Trade active:
Looks like they even bull trapped it.
Trade active:
Looks like we're going into the 60k's at this rate. Thought they might stop it here, but nope!
