Bitcoin
Short

Retrace Incoming!

297
BTC has formed a Double top failing to close above resistance.
RSI is showing bearish divergence.
I am expecting a break in trend with a consolidation period at Zone 1
a close below support could take us to Zone 2.

BTC is in need of a correction after last weeks rally.

BTC 4hr

Disclaimer

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.