BTC - The next step is for the bears
As evident from the chart, a robust divergence pattern has emerged on the histogram, and this trend is reflected across various indicators, signaling that our prices have reached a pinnacle.
While it's uncommon to witness a triple divergence, typically a correction follows two, and currently, we find ourselves in this precise scenario.
There may still be potential for the market to ascend further, a cautious approach to shorting is advised. Consider establishing short positions incrementally on a daily basis.
My confidence in Bitcoin's upward trajectory in the coming weeks has waned.
I anticipate a decline, possibly to the $34,000 zone. Subsequently, a thorough evaluation of the market conditions will be imperative.
While it's uncommon to witness a triple divergence, typically a correction follows two, and currently, we find ourselves in this precise scenario.
There may still be potential for the market to ascend further, a cautious approach to shorting is advised. Consider establishing short positions incrementally on a daily basis.
My confidence in Bitcoin's upward trajectory in the coming weeks has waned.
I anticipate a decline, possibly to the $34,000 zone. Subsequently, a thorough evaluation of the market conditions will be imperative.
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2021 and 2022
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Potential move:Note
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Zone 44k is actualNote
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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.
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.