must needed correction in Bitcoin to further continues it really

2021년 8월 2일

Technical analysis:

Welcome to this quick update everyone,

In Daily timeframe Chart, Let’s be honest, after such a huge upswing (+50%) BTC needs at least a small correction as well as RSI did not retested it breakout downtrend, so RSI is also

need to be retest it breakout trendline.

Yesterday we faced the major resistance at $40,500 and couldn’t break it. Today we also got rejected there. This can be the short-term top!

I don’t expect the upcoming correction to go below 35K

The bearish picture invalidates if we do break above 43K

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