Bitcoin / TetherUS
Short
Mis à jour

BTC When will the Bitcoin selloff end??

476
I've previously mentioned in a BTC (Bitcoin) trading idea that the ETF approval would be a 'buy the rumor, sell the news' event:
BTC Bitcoin Potential ETF approval this week


Now, we observe a continuation pattern with bearish divergences on the RSI.
A bearish divergence is a term used in technical analysis to describe a situation where the price of an asset is moving in the opposite direction of a technical indicator. In particular, it occurs when the price of the asset is making higher highs, but a related indicator, such as the Relative Strength Index (RSI), is making lower highs.

My current price target is FWB:39K, representing the next regional support.
Trade fermée: cible de profit atteinte
Price target reached!
Bullish reversal!

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.