Dexter_The_Trader

BTC IS DAILY TIMEFRAME.

Short
KRAKEN:BTCUSD   Bitcoin
BTC is still not convincing enough in a daily timeframe. Till now BTC is unable to cross above the 31K resistance level. The RSI is making a bearish divergence and it will be disappointing to see BTC going down from this level. According to the chart pattern, I am expecting BTC to hit the $40k level but it's going to be a roller coaster ride, and 31K could be one of the roller coaster's peaks.

Trade safely.

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