Still building bearish divergence on the daily RSI, my expectations were surpassed, I thought it would go to 52.1k and stop there but we hit almost 52.4k, anyways here is my own opinion.
As we are building still bearish RSI I would argue that we have confirmed we are in the bear market now, my arrows show just Wyckoff redistribution. Expect a possible bounce to my trendlines and thus hitting a possible price target of 50.62k or a little more if done before my expectation. BTC has only lower to go after this rebound, it's a mirror from what happened in May so don't fall into the bull trap.
I can always be wrong, make your own ideas.
Happy trading.
As we are building still bearish RSI I would argue that we have confirmed we are in the bear market now, my arrows show just Wyckoff redistribution. Expect a possible bounce to my trendlines and thus hitting a possible price target of 50.62k or a little more if done before my expectation. BTC has only lower to go after this rebound, it's a mirror from what happened in May so don't fall into the bull trap.
I can always be wrong, make your own ideas.
Happy trading.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.