Hello, everyone!
The Bitcoin demonstrated some sign of strength and is about to break through it’s previous local high. But I suppose that we will se the correction at least to $40500 very soon. We can see that the global 0.5 Fib is at the $46800 and I suppose that it will be the new local high because there is a very high probability of the true divergence with MACD. If it happens it will be the nice short opportunity. I will give you this signal when it flashes.
Good luck!
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.