First BTC TA - Btc currently overbought
BTC looking overbought on the 4hr Chart.
I am expecting a pull back at some point.
Daily chart still looks good and i hope we can break the bearish trend but for now BTC is still very bearish and we may see another leg down. A pull back to $8500 would be healthy.
Best case scenario is 8k support holds and we continue to move sideways for a few more weeks. Creating new highs on each leg up.
I am expecting a pull back at some point.
Daily chart still looks good and i hope we can break the bearish trend but for now BTC is still very bearish and we may see another leg down. A pull back to $8500 would be healthy.
Best case scenario is 8k support holds and we continue to move sideways for a few more weeks. Creating new highs on each leg up.
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