BTC... short term and long term chart review

2021년 12월 12일

Hi every one

BTC shorter timeframe is still moving sideways but may turn to limited upward pressure soon.

how much and how long it can push the price upward we will see. however I think we should

look at longer timeframes at the same time.
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on the weekly chart price still too far from our daily 21MA and MACD on weekly chart

is showing bearish divergence in both lines and histogram.

So in shorter timeframe charts we may see a limited upward pressure but from more than daily charts

we can not expect for a new bull run yet. we will see

Enjoy the market