mehrdadbidgoli94

BTC at a very critical point

BINANCE:BTCUSDT   Bitcoin / TetherUS
Just to emphasize the previous analyses, BTC is at a very crucial point. The RSI has long been bearish in the weekly time-frame and no need to repeat the bullish divergence it's been signaling since the recent few weeks. A shadow to the 14k area would be reasonable, and then we'll be bullish after a long time. If BTC loses 14k and 12k, this analysis will be invalidated.

We also need to consider the DXY chart, which is becoming bearish after a long time of bullish upsurge. USDT.D is also showing bearish candles, with long uper shadows and a possible double top pattern.

DYOR
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