Hello Traders
As you can see in the chart above, the price has formed an ascending channel.
Besides that, RSI is showing a huge BEARISH RSI Divergence on 4h.
in weekly, if you calculate the date of every fall on Bitcoin, you'll see the drop day is close. (Use Trendinfo)
most importantly, we are reaching ALL-TIME HIGH, which is enough reason for bearish movement.
There is a scenario that if Bitcoin can pass through 20k, it will rise till 30k, Then 40K using Fibonacci. (BLX CHART)
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What is your opinion? Comment below.
If you like the idea, please hit the like button and subscribe to the profile to not miss my updates. The information given is never financial advice. Always do your research too.
Goodluck.
As you can see in the chart above, the price has formed an ascending channel.
Besides that, RSI is showing a huge BEARISH RSI Divergence on 4h.
in weekly, if you calculate the date of every fall on Bitcoin, you'll see the drop day is close. (Use Trendinfo)
most importantly, we are reaching ALL-TIME HIGH, which is enough reason for bearish movement.
There is a scenario that if Bitcoin can pass through 20k, it will rise till 30k, Then 40K using Fibonacci. (BLX CHART)
What is your opinion? Comment below.
If you like the idea, please hit the like button and subscribe to the profile to not miss my updates. The information given is never financial advice. Always do your research too.
Goodluck.
