Imminent Drop Ahead? Bitcoin Showing Bearish Signals |Short-term
Looking at Bitcoin (XBTUSD) short-term (1H) we can see that prices are now trading below EMA10 and EMA50 while the two indicators have a bearish cross.
The MACD and RSI are trending down and volume is really weak after multiple lower highs.
If XBTUSD fails to move back above $8093, prices are very likely to drop.
What's your take?
Feel free to share with us in the comments section.
Thanks for reading.
Namaste.
The MACD and RSI are trending down and volume is really weak after multiple lower highs.
If XBTUSD fails to move back above $8093, prices are very likely to drop.
What's your take?
Feel free to share with us in the comments section.
Thanks for reading.
Namaste.
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🔝 Cryptocurrency Technical Analysis
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