With all BTCUSD oscillators at their upper extreme and the price getting closer to the upper trend line of the huge ascending wedge, it seems like we should expect a price correction soon. There is still room for BTC to reach new highs as high as $5000 or even $5100 but that might as well not happen since every player in the market is already warned about bitcoin being overpriced and should soon take action upon that.
הערה
Take note on how previous corrections sort of mirrored the top point against SMA-50 (bold orange line) before reversal.
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.