$BTC resting before next move
Bitcoin FuturesCME GLOBEX
Description
⋅ As we predicted some time ago, BTC is struggling in this Gap Fill area.
Last 2 days #BTC has formed doji patterns, cross like. This signifies a battle between bulls and bears.
Hard to call the definitive direction atm.
RSI still looks okay. Oversold but in bull markets to he RSI can remain overbought for long periods.
We likely get sideways or some lower price action before chugging higher. But we could also just punch through. Imo #BITCOIN bear is dead.
#altcoins are not reacting very well and that's okay. As long as big daddy leads that's most important atm and for health of #crypto.
We did see XRP pop because of news. We'll see soon how the #altcoin market will react.
#xrp #cbdc