BTC has not had a healthy correction for about 3 months now. All this time, the price did not test the BMS or drop below 50 on the RSI.
What we see now is a bearish signal of a break below 50 and a retest from below. And also a break of the trend line and a retest from below🐻
As I wrote earlier, the ETF will start to have an impact not immediately, but closer to halving, by this time we may have a correction to 37k, or if the power of buyers turn out to be stronger than I expected, consolidation in the area of 40k.
What we see now is a bearish signal of a break below 50 and a retest from below. And also a break of the trend line and a retest from below🐻
As I wrote earlier, the ETF will start to have an impact not immediately, but closer to halving, by this time we may have a correction to 37k, or if the power of buyers turn out to be stronger than I expected, consolidation in the area of 40k.
💰Free Channel — t.me/FeelsStrategy
🤵For more info contact — t.me/VolodymyrFeels
🔗 Links — feelsstrategy.com/links
🤵For more info contact — t.me/VolodymyrFeels
🔗 Links — feelsstrategy.com/links
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💰Free Channel — t.me/FeelsStrategy
🤵For more info contact — t.me/VolodymyrFeels
🔗 Links — feelsstrategy.com/links
🤵For more info contact — t.me/VolodymyrFeels
🔗 Links — feelsstrategy.com/links
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.