BTCUSDT Looking Bearish in the Short Term

2 באוק׳ 2023

Multiple indicators have signaled bear as well as overbought conditions for Bitcoin on the 15m chart. This makes sense because Bitcoin has just experienced a pump within a short period of time. Usually, this means a retracement will follow as market participants will be compelled to take profits which means selling in the shorter term, a potential dip may be an opportunity to buy as we are likely to go higher in the longer term.

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3 באוק׳ 2023

הערה

Price action has played out perfectly