Long term. Monthly candles.
There is a strong bearish divergence in the Force Index.
In addition, it has been several months without overcoming historical highs.
An accumulation phase could be identified from Q4 2022 to Q1 2023. After a bullish rally, it enters a sideways phase near the highs that could indicate a distribution phase of BTC bought in the...
Long term view. Monthly candles.
BTC price in relevant resistant (ATH) and a strong divergence in Force index.
This pattern shows that the bull trend is finishing and it is aticipating a possible price reversal.
time to close long positions ??
