We have had a great bull run from the last bullish divergence around 19650 (blue arrows). Now we have a lot of confirmed bearish divergences (violet arrows) as well as descending volume. Therefore I closed my long since 23600 and expect a retrace to 0.382 fibonacci level around 20K which is also the last ATH.
I'm also watching some alts right now, BTC dumping would be a sign for a up coming alt season.
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I'm also watching some alts right now, BTC dumping would be a sign for a up coming alt season.
Note: if you like this content, don't forget to give it a like and follow me for upcoming analysis.