Bitcoin looks like it is beginning to drop from an overbought condition on the 1 day chart.
There is bearish divergence as the price increased while the RSI declined.
The MACD just made a bearish crossover to the downside.
This could be the beginning of a sharp correction.
The same is happening with ETH and other alt coins.
There is bearish divergence as the price increased while the RSI declined.
The MACD just made a bearish crossover to the downside.
This could be the beginning of a sharp correction.
The same is happening with ETH and other alt coins.