cryptochi1986

BTC Weekly Review Week 25

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
Within the week there was change of sentiment which we can consider due to some positive news coming in comparison to start of the month.

As we are still pending CME expiration, I will stand with my bear bias for now on.

RSI in daily timeframe did not make a oversold, which took me by surprise. Given the amount of negative news, not making a oversold reflects amount of buyers waiting aggressively to buy at lower price points around 25,000$.

So this week my main focus would be how geo-political and CME impact BTCUSDT

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