Things don't look good for Bitcoin in Daily time frame.
I am waiting for reversal in the next days.
We have multiple bearish signals.
1) Double top
2) Rising wedge
3) Bearish divergence in RSI
4) Trading Volume is dropping
Targeting price :
1st Target: 34000$ (from the rising wedge)
2nd Target : 32000$ (previous Break of structure, so now it's possible support )
3rd Target : 30000$ ( big psychological level)
I am waiting for reversal in the next days.
We have multiple bearish signals.
1) Double top
2) Rising wedge
3) Bearish divergence in RSI
4) Trading Volume is dropping
Targeting price :
1st Target: 34000$ (from the rising wedge)
2nd Target : 32000$ (previous Break of structure, so now it's possible support )
3rd Target : 30000$ ( big psychological level)