Currently we can observe several bearish signals on Bitcoin: - a great wave of Wolfe, bearish - a very clear bearish MACD divergence - a strong resistance zone around 60K - a regular increase in institutional short positions (COT report) - a significant drop in volumes - a huge bearish RSI divergence in weekly - a weekly MACD bearish cross
If a sharp decline begins in the next few days, from my point of view there will be a likelihood of a market reversal.