BTC looks bearish in the short-term. Harmonically speaking, it looks to retrace around 50% per bullish leg. I'm anticipating the price to find support around $52k in the short term. If we break below 50% there's a high chance the price will find support around $44k-45k.
On the weekly chart, it seems like the bulls are slowly gassing out. Personally looking for a good entry around the mentioned support levels.
On the weekly chart, it seems like the bulls are slowly gassing out. Personally looking for a good entry around the mentioned support levels.