What's Happening to $BTC ???
If you have been following different people and listening to them, you MUST be very confused ๐ค and don't really understand what's happening to BTC? One day it's dumping, then you might see a very good rally you are like it's now Bullish and then it is again going down liquidating both ways.
People who claim "BTC is going $100K" and those who claim "No! It's going $52K first" looks like 2 sides of a coin ๐ช , yeah the BTC coin!
I have attached 4H TF chart, its not a bigger picture but let's dig it up from here.
๐ In every TF BTC is still downtrend since ATH.
๐ In 4H TF it's again again dropped below the trendline.
๐ And if you see closely there is a wick rejection at $65K.
Other confluences:
๐ RSI doesn't look good
๐ Volume is not there.
๐ Candles ๐ฏ๏ธ are not bullish at all.
So what's happening here???
I think ๐ค you already know that!
๐ This is just an educational post
๐ This is not a financial advice please DYOR
