Crypto4Everybody

Bitcoin short-term view - further correction to come

COINBASE:BTCUSD   Bitcoin
Bitcoin short-term view - further correction to come

(a) BTC perfectly hit the price action resistance at $24.150 with a bearish divergence

(b) The correction to FIB50% area (SMA200 / EMA50 of 4h chart) would be healthy

(c) RSI fall to oversold to be expected

*not financial advice
do your own research before investing

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.