Greetings Traders,
Bitcoin might have hit the top at a price of around $21,650. On this 4 hour chart the MACD is about to cross over to the bear side in about another 2 hours if the selling keeps up. The MACD is circled in yellow.
$22,000-$22,500 still on the table though until the price breaks out of the bottom of the wedge.
If Bitcoin drops below $19,850 I think that will set us on a course to around 8-10k
Good Luck Traders.
-NOT TRADING ADVICE-
Bitcoin might have hit the top at a price of around $21,650. On this 4 hour chart the MACD is about to cross over to the bear side in about another 2 hours if the selling keeps up. The MACD is circled in yellow.
$22,000-$22,500 still on the table though until the price breaks out of the bottom of the wedge.
If Bitcoin drops below $19,850 I think that will set us on a course to around 8-10k
Good Luck Traders.
-NOT TRADING ADVICE-