Bitcoin

Bitcoin - sunshine, rainbows and a chance of hail

Looking at Bitcoin on the weekly and month time frame, things are looking good; that is, if you're patient. The daily and 4 hour are a different story. BTCUSD is showing upsloping and converging price action with buyer exhaustion at a critical resistance, better known as 'shortening of the thrust'. If we look at the inverse chart, we can see a great buying opportunity.
This is accompanied by triple macd bearish divergence on the daily and today's candle close showed extra signs of weakness.

Clause de non-responsabilité