Hi all, a quick update on BTCUSD. On the 1h time frame we can see a bearish divergence, which aligns with a rising wedge and a MACD bearish crossover. This points towards a short term price pullback. I do not expect a very major pullback though; potentially to the 1.272 Fibonacci extension in the chart.
What do you think?
* Note that I am using the Log-scale.
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