Earlier $BTC target of $5800 hit
1W Indicators heading to Oversold -Very Bearish
1D Critical area here- Stoch to bear cross & head down w/ RSI
If ~5700 doesnt hold we will test Bollinger Band cloud S ~5580
4H Stoch & RSI still falling ~5700 insight
45M indicators starting to pop w/ Bollinger Band pinch - sentiment bearish pop not sustainable

Overall we should play with the upper $5700 area and then bounce to hit a possible high of $6400 this week

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.