Bitcoin 4H Path
I think that Bitcoin's breakout of the trend line at 59850 is a false breakout, why?
For several reasons:
1- The price follows the liquidity, not the other way around
The price broke through, but the liquidity did not break through
2- I see weakness in the momentum, and this is the beginning of a change in the trend
3- Negative diver
4- The obv indicator did not break the ema50, an explicit breakout
