BTC will rebound to 41000-42000 today and then continue to fall to around 38000
Because the technical surface shows the top divergence of various indicators, a rebound is inevitable.
But the rebound in the downtrend is weak, so I continue to be bearish on BTC.
BTCUSD
Because the technical surface shows the top divergence of various indicators, a rebound is inevitable.
But the rebound in the downtrend is weak, so I continue to be bearish on BTC.
BTCUSD
For the next trend update:
BTC will still float around 38,000 for a while.
The shorting force will then continue to be weak, but the price may continue to move lower.
The 4-hour bottom divergence has yet to materialize, so bullish forces are not in sight.
If you want to join the bulls now, please continue to be patient. Now is not the best time to get in.