EmperorDiamond

Is Bitcoin BTC Rally coming to an end now?

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
BTC has been on a long rally for a while with strong momentum pushing the price past all major and minor resistance. and as we approach the 10k resistance, will BTC be able to push pass this psychological resistance?

Price is currently forming a Rising wedge with a Bearish Divergence on the MACD but I am still expecting a push up to $9400/9600 zone where volume becomes even more weaker before the sellers rally.

Note: This is my personal opinion and not a Trading Advice.

Good Luck.

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.