#BTC has crossed $49,000, as it stands the king of cryptocurrency is headed towards its prehistoric high - $69,000, no doubt. BTC investors would need not to bother about what I am about to post since they are holding for a long time but for the traders, come over here.
Daily BTC chart showed the Relative Strength Index being overbought. so, I decided to see what the 4 hrs traders were doing. the figure attached should the formation of a bearish divergence on the 4 hr TF and the point of relevance is denoted by a purple horizontal line. it's around $47,000.
I expect the bears to force BTC price down to $47000 before the rally continues to form a new all time high. if you trade BTC, pay attention to this.
