$BTC  20-07-2024
BTC this week, with its strong upward momentum, has moved toward the resistance zone around the 67k threshold this morning.
Wave structure by form that wave and wave 3 are extended waves, so they are around 67k possible high energy will have a slight increase before entering the adjustment period.
There has appeared a bearish divergence on the H4 frame, the price is above the EMA34-89 falls from frame D1, a strong uptrend.
That's the object positive prices are mainly from large players belonging to the dolphin and porpoise groups sharks, on the contrary, small groups continuously have selling moves in addition, the large liquidity zone is around the 67k and 68k areas. The price is below the resistance zone so we expect an 8% correction.
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