Since the ETF, it seems to have been a sell the news, followed by buying the dip event at the 100D MA.
Dips since the start of the bull run, even before the launch of the BTC ETF, have averaged ~20% followed by a continued massive bull run. Some, including myself, speculated a break of this trend of 20% dips (breaking 38k) followed by a continued sell-off into...
we can sea clear bearish divergence in RSI and MACD with the daily chart for BTC
has broken the 50 EMA , as the trend is in a channel now
bear seems to be more powerful as the RED sticks are becoming stronger
RSI have come below 50 and MACD seems to be bearish as well
probable outcome: BTCUSDT can come down around 42k testing the 200 EMA
seems like its also...
