Could we see a $BTCCAD bearish movement

CAPITALCOM:BTCCAD   Bitcoin / Canadian Dollar

Monitoring Bitcoin here. Being weary with the upward wedge for a bearish movement especially with the new resistance of ~60k.

I've placed "Redflags" displaying a bearish Relative Strength Index ( RSI ) divergence. I'll be looking for confirmation below the "green" trendline indicated by the target sign.

This is where a good exit strategy is important as we understand how volatile BTC can be.

- Pocketfeeder


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