🟡 Update #BTC 01.04
🟢Monthly T-F: Closed the full body candle with a price moment of 10k and was also the 7th green month candle and the first time BTC had a series of 7 consecutive green candles and officially broke the old ATH zone at 69k.
🟢I still don't see RSI divergence in the monthly frame, but RSI is posted quite close to the oversold zone at 70-80
🟢Weekly T-F: BTC closed a full green candle and had a peak divergence zone with hard resistance around 72k.
🟢BTC.D: Weekly T-F is still sideways in the 51-55% area
Onchain: There is a wallet address of binance that has collected BTC through OTC with 15,554 BTC with a value of more than $1B.
=> For me, this segment of BTC.D is still serving as a distribution area for old people in the market for a long time, these retailers will tend to lock in some BTC at the halving, like last year BTC increased slightly before the halving.
Short-term assessment for me, as long as BTC frame D does not close the candle above the 72k area, I still believe there will be a correction back around the 63-64k area and if the D candle closes below 61k, we will see the 52-53k area.
🌟 At the beginning of the month, at the beginning of the quarter, I hope you don't lose your products