While its placement at level 54 indicates that traders are neutral and a positive jump will only occur after crossing 60, or a negative drop will occur after crossing below 40.
Traders are in a festive mood to enjoy Christmas and New Year.
I only reserved the profit from $BTC
at 99k and didn't decide to add more positions at 90k. It happened twice because MACD and RSI are still showing negative trends. I always stressed that you need to book profits because no one can give a 100% guarantee of peak levels, but even if the price exceeds your profit booking level, it doesn't matter, a crash makes you happy when you see the price fall below your profit booking price, and it always happens. Those who take profits are the kings. I started my position when $BTC was at 25k and used the pyramid technique for investment and got good results. So every time the market falls, you should be happy to get into the market, but many do the opposite.
Even the 7MA and 25MA are about to cross the negative momentum today.
The altcoin season is weakening strongly and has fallen to 46 levels, indicating that the BTC season is about to start again.
I gave bullish signals for $BTC as BTC did not fall below the 55 EMA
#MarketRebound #Bitcoin❗ #Binance #crypto
