BITCOIN NEEDS A SHAKE BEFORE IT CAN RISE AGAIN.
It’s clear that bullish momentum in BITCOIN is losing steam; this is evident in both the bearish divergences of the RSI and the VOLUME.
It’s necessary to drop to lower levels to capture new liquidity. In the 70K$-75K$ zone, many investors would already find those levels interesting to re-enter the market and load LONG trades.
$BTC
It’s clear that bullish momentum in BITCOIN is losing steam; this is evident in both the bearish divergences of the RSI and the VOLUME.
It’s necessary to drop to lower levels to capture new liquidity. In the 70K$-75K$ zone, many investors would already find those levels interesting to re-enter the market and load LONG trades.
$BTC
