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panickyChile85473

Low timeframe Bitcoin price action is highly divergent

Short
Bitcoin Perpetual Futures (FTX:BTCPERP)  
panickyChile85473  
FTX:BTCPERP   Bitcoin Perpetual Futures
Technical Indicators
2
0
indicator
The 4-hour Bitcoin chart is showing that the price action currently includes a high value of FOMO drive. Price action is going upwards without absolute any support of the RSI or MACD histogram. A reasonable case can be made for a corrective move towards the 20.5-21k zone. General trend structure is upwards, but the market is way overheated.
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