BTC/USDT - Take a breath, correct to $37.500 and continue !?

We are looking at the allmighty king.

- Pretty strong runup
- RSI overbought
- Hanging man Candle on the 8D (!)
- Support as resistance on $ 37.500

Permabears will shout $ 31.000 and Permabulls will aim for $ 48.000.

Me? Eh, not very sure to be honest. But looking at the chart right now, I would be careful.
I would not enter a BTC position here. Too risky.

Hanging man printed. I hope I am wrong, but I expect a "take breath" moment for BTC.

Hopefully BTC.D will drop harder, giving some room for alts to pump and increase the alt coin dominance.

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Hidden Bearish Divergence - 20H BTC/USDT

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MACD Bearish Cross 2D - BTCUSDT

See the red and green circles and what they do... Not looking good to be honest.

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Possibly a double top forming..

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Sadly, I was right. Bounce on 37.5k