BTC price is currently being supported by 100 day EMA. Also large support exists given the price volume profile visible range around 8800. CMF looks to have hit the top and will now see more selling pressure as it declines. We are not seeing spikes and dips in the OBV so volume has been relatively constant. Ichimoku Cloud is in the red zone with the Base line...
Bitcoin future projection, sever dip just like in 2014 before a bull run up to roughly $250k. Trendline analysis connecting 3 tops in log chart.
Using RSI to determine if the asset is oversold (x<=30) or overbought (x>=70) Using MACD to determine bull or bear signals. (MACD(blue) > Signal(orange), bullish) or (MACD(blue) < Signal (orange), bearish)