What's Happening to $BTC ???
If you have been following different people and listening to them, you MUST be very confused 🤔 and don't really understand what's happening to BTC? One day it's dumping, then you might see a very good rally you are like it's now Bullish and then it is again going down liquidating both ways.
People who claim "BTC is going $100K" and those who claim "No! It's going $52K first" looks like 2 sides of a coin 🪙 , yeah the BTC coin!
I have attached 4H TF chart, its not a bigger picture but let's dig it up from here.
👉 In every TF BTC is still downtrend since ATH.
👉 In 4H TF it's again again dropped below the trendline.
👉 And if you see closely there is a wick rejection at $65K.
Other confluences:
👉 RSI doesn't look good
👉 Volume is not there.
👉 Candles 🕯️ are not bullish at all.
So what's happening here???
I think 🤔 you already know that!
👉 This is just an educational post
👉 This is not a financial advice please DYOR
