BTC Short Term Weakness

١ يناير ٢٠٢١

We can also see that the short term Fib retracement 4.236 level is at 30k as well. Lower highs on RSI, bearish cross on MACD and higher highs on price may suggest a short term correction before another bull run.

١٥ يناير ٢٠٢١

ملاحظة

Unfortunately my analysis was wrong and we did indeed break upwards and extend all the way to 40k. RSI did show a similar pattern with decreasing RSI and increasing price to 40k before retracing back to 30k