Fortunately, our prediction made earlier did not come true, as BTC neglected the $5,500 mark without a correction.
Despite the fact that, that the trading volumes have increased over $4 billion over the last day, traders should get rid of euphoria, as the asset is overbought according to the RSI indicator.
Currently, the crypto market is growing only due to Bitcoin rise, however, that could not last forever.
That is why, the possible scenario for the upcoming days is a rollback to $5,600 to gain effort for moving further.
Despite the fact that, that the trading volumes have increased over $4 billion over the last day, traders should get rid of euphoria, as the asset is overbought according to the RSI indicator.
Currently, the crypto market is growing only due to Bitcoin rise, however, that could not last forever.
That is why, the possible scenario for the upcoming days is a rollback to $5,600 to gain effort for moving further.
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