Bitcoin / TetherUSShort
Preparing for the BTC correction?
Long term. Monthly candles.
There is a strong bearish divergence in the Force Index.
In addition, it has been several months without overcoming historical highs.
An accumulation phase could be identified from Q4 2022 to Q1 2023. After a bullish rally, it enters a sideways phase near the highs that could indicate a distribution phase of BTC bought in the accumulation phase with a profit of about +250%.
Time to reap profits?
There is a strong bearish divergence in the Force Index.
In addition, it has been several months without overcoming historical highs.
An accumulation phase could be identified from Q4 2022 to Q1 2023. After a bullish rally, it enters a sideways phase near the highs that could indicate a distribution phase of BTC bought in the accumulation phase with a profit of about +250%.
Time to reap profits?
Publications connexes
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Publications connexes
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.