BTCUSD Excercise Caution, Not the time to BTFD

With the weekly potentially closing as a bearish engulfing or even a tweezer top by tomorrow, I would exercise caution around this level. Historically so far, similar weekly closes have been towards the downside. On top of this we have bearish divergence on the RSI in play if the candle cannot recover by tomorrow. If you're looking to the buy the dip, I would wait for this to play out and assess. There should be support waiting at the 40k ~ 41k level. Beyond that we have the 21 EMA at 33k which should be the best opportunity for longs.