BTCUSDT , is it the end of bullish run for BTC
we can sea clear bearish divergence in RSI and MACD with the daily chart for BTC
has broken the 50 EMA , as the trend is in a channel now
bear seems to be more powerful as the RED sticks are becoming stronger
RSI have come below 50 and MACD seems to be bearish as well
probable outcome: BTCUSDT can come down around 42k testing the 200 EMA
seems like its also forming a cup patttern,but need to wait for conformation may be 2- 3 weeks at least
and people like us who are the common public ,who always participate last .the whales can get all the liquidity to see the coins
lets see what is waiting for us
has broken the 50 EMA , as the trend is in a channel now
bear seems to be more powerful as the RED sticks are becoming stronger
RSI have come below 50 and MACD seems to be bearish as well
probable outcome: BTCUSDT can come down around 42k testing the 200 EMA
seems like its also forming a cup patttern,but need to wait for conformation may be 2- 3 weeks at least
and people like us who are the common public ,who always participate last .the whales can get all the liquidity to see the coins
lets see what is waiting for us