BTCUSD looks tired after a recent rally. The buyers need to take some breath, as the RSI showing us some divergences already, and the new highs look weak and unable to break the 50,000 area.
Time for altcoins!
What do you think will be the next move of Bitcoin?
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Note
The Bitcoin can easily continue to grind up for a while... But sooner or later I am expecting a pullback to the 40,000 area
Note
As of now, bitcoin is having a hard time holding the 50,000 area
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.