Double top
The basis for the idea that we're seeing a double top is not just the obvious chart pattern but the low volume, MACD histogram divergence and break in stoch RSI buy signals. Immediate target for a sell-off based on the previous low. Moving beyond that, I believe that BTC is overvalued and overbought - still stuck in an optimistic cycle that is swiftly running out of buy support. Remember that in a bubble it is *always* "different this time".
This chart is only valid within a 1h time frame, it does not apply to the medium or long term trend.
This chart is only valid within a 1h time frame, it does not apply to the medium or long term trend.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.