BTC might not make it above all time high as quick as we think. A short thread below:
Comment:
On the 4 hour timeframe, asides the market structured areas we have seen, we can also see that there is a bearish divergence on the 4 hour timeframe and also a double top formation has been identified on the chart.
On the 4 hour timeframe, asides the market structured areas we have seen, we can also see that there is a bearish divergence on the 4 hour timeframe and also a double top formation has been identified on the chart.
Comment:
I don't really know much about the fundamentals for now.
That's just my opinion.
LOL
That's just my opinion.
LOL
On the daily timeframe, we have seen that the had already been overbought since it was around 10k /11k and still remains overbought till now on the RSI ranging between 70 and 80 and the bullish momentum is bound to reduce.