$BTC

BTC Update: In the morning I wrote as follows:

"If volume doesn’t pick up soon, a price crash could follow."

In fact Volume started to increase immediately and after hours of indecisions, the market started to groove.

Altcoins followed. This is an occasion to take some more profit.

Post made in the morning;

"The recent movement was upward, with the 4-hour candle closing above Monday's high, which is a positive sign for bulls.

However, after analyzing the 1D chart and the 15m short-term chart, I noticed four significant negative indicators:

Volume: Unusually low, which is concerning.

MACD: Bearish reversal confirmed.

RSI: Neutral, but forming lower highs and lower lows.

Candlesticks: Showing indecision.

For me, the low volume stands out as a major red flag. If volume doesn’t pick up soon, a price crash could follow.

What are your thoughts today? Have you observed any interesting patterns, news, or factors that might influence BTC's price movement?

Happy to read your thoughts. If you like my analysis, please like and share.

#Write2Earn #Analysis #BTC☀️ #BNBAnalysis

This is not a financial advise. DYOR.