Bearish divergence on the RSI at 30-minute candles coupled with the hanging man doji may indicate at least a short-term reversal. We may see a pullback to around 4800-5000 satoshis, perhaps lower, depending on market confidence. I expect to see another upswing after a retracement and consolidation period. How long? Who can say? The market moves in mysterious ways.
DISCLAIMER: I am not a professional trader, and cannot provide trading advice. These statements are my opinion, nothing more. Do your own research before making any trading decisions. Any decision you make based on my opinions is your responsibility, and cannot be construed as advice.
DISCLAIMER: I am not a professional trader, and cannot provide trading advice. These statements are my opinion, nothing more. Do your own research before making any trading decisions. Any decision you make based on my opinions is your responsibility, and cannot be construed as advice.