Cryptoaster

Retest of 39K before a larger correction

Short
COINBASE:BTCUSD   Bitcoin
I see many similarities in the current BTCUSD 4 hour chart with the May 12th correction where we saw BTC correct 50%. I believe BTC will push up the next day and retest the 39K price before a potentially large correction. There are bearish divergance signals flashing on my 4 hour indicators. I see BTC testing the 30K range as a possibility in the near future.
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.