Bitcoin rally seems to have peaked

٩ أغسطس ٢٠٢٢

Bitcoin has over taken all buyers side stop orders and failed to break through resistance for the third time signaling a triple top signaling bullish exhaustion. What is left of Bitcoin is multiple sell orders and a lack buyers side liquidity.

I would closely monitor Bitcoin for a short trade and enter if breaks below 23,500 and set a S/L at 24,000.