Bitcoin | Short-Term Retrace

٢١ نوفمبر ٢٠٢٠

Looking at the 1H timeframe for BTCUSD, we can notice bearish divergence building up with the indicators as well as a move below EMA10.

This opens the door for a short-term retrace.

It seems now that Bitcoin knows only how to move up... But nothing goes up in a straight line.

The next target is marked on the chart.

Namaste.