- 5 Week uptrend broken. - Bearish divergence detected. - Weekly candle closed below previous support at 97k-98k zone. Which will likely to act as a resistance during further correction(s).
BTCUSDT Friendly reminder. We are into Week#8 of BTC halving cycle. Historically Week#7 and Week#8 are correctives weeks of Price discovery phase after hitting ATH. Plan the trades keeping broader picture in mind. Doesn’t matter if you short/long as long as you make profits. Good luck 🍀