I think BTC is going to make new lower low again. Or, it must retraces from the current trendline support line breaking the market structure. If it broke the market structure of the current resistance it reversed down, it might retraces back working as a support, clearly entry point. I think investing with the leverage right now is very risky as the momentum has turned in to bearish in the last two days.
MACD shows some bearish move, but RSI is oversold in hourly and also think in 4 hour, which can show some potential to grow up. But , who knows it without clear market confluences and confirmation.
Thank You. Alts might recover vastly and widely with BTC CONSOLIDATING, DXY is showing some strength, and I have heard that Biden is going to print some currency which might weaken DXY again.
Don't get eyes off BTC. It might recover soon, I guess.
HosseiniMehr
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@BIKESHmsk Thank you very much my friend ... I posted two possible scenarios of Bitcoin on the page, but it seems that the whales started selling a lot of bitcoins
MACD shows some bearish move, but RSI is oversold in hourly and also think in 4 hour, which can show some potential to grow up. But , who knows it without clear market confluences and confirmation.
Thank You. Alts might recover vastly and widely with BTC CONSOLIDATING, DXY is showing some strength, and I have heard that Biden is going to print some currency which might weaken DXY again.
Don't get eyes off BTC. It might recover soon, I guess.