BTC UPDATE:
BTC don't have strong buying volume to break the channel and every candle with high volume is closing in wick under the channel , that show's the weakness of the buyers and there are some probabilities that we may go Bearish.
The pattern is Bearish if it followed we may see retest 57k-58k.
If breakout happen then BTC can touch 63k then again, will go bearish and targets maybe lower then 57k-58k.
So overall there's no strong confirmation from my side that we can see Bullish movement in BTC to 70k or above.
Market Sentiments:
While Market sentiments are strongly positive for BTC everyone hoping BTC to cross 70k and expecting a new All Time High.
I'm just following my chart analysis and some other techniques and according to them I am against of market sentiments.
This is just an Prediction so please make your investment decisions wisely by doing your own research.
I'm Short on BTC from 61.5k with SL above 63k and expecting 57k-58k targets , if conditions become against me I will close position shortly.
