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Cryptocure

BTC Time for a proper correction

Short
Bitcoin / TetherUS (BINANCE:BTCUSDT)  
Cryptocure  
BINANCE:BTCUSDT   Bitcoin / TetherUS
Technical Indicators Chart Patterns BTCUSDT BTC usdt bearishdivergence
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indicator chartpattern btcusdt btc usdt bearishdivergence
BTC seems to have topped out as previous highs have been strongly rejected, as indicated by the large red volume bars.

Reasons of concern:
- Strong bearish trend on the RSI
- High selling volume
- Increased media attention for Bitcoin

A conservative price target would be at the supporting trendline and historical support level of $8750.
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