Here is what I am looking at for Bitcoin. I show Critical Key Levels in the Blue. I believe that we actually needed this Dip down to the 55k - 57k area to form the Lower Low. Then look for a real blast off leg up. Possible to consolidate for a little while... a few days to accumulate though .... If it does drop more to the next key level then really correct and go back up... but if it drops below the $44 area then its in danger of bears taking over.
Looking at the rising wedge and bearish divergence on the MACD, Volume, And RSI on the weekly I would say its going down
revivalcrypto
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57k-58k is a healthy retrace. All these moon boys and fake bears that are nothing more than no coiners spitting trash on TV. Thanks for an educated analysis.