#Bitcoin , after creating a new peak, immediately dropped 3k in price and currently there are a few signs you need to pay attention to:
1. In frame H4, there is RSI divergence 2. RSI + MFI signal confirms enough red candles 3. The force increasing this segment begins to weaken compared to the segment from 50k to 63k 4. The Greed and Fear Index is at 90 - an extremely high level and we last saw this level around the 2021 peak 5. The number of profitable BTC is around 98% - 99%. Almost everyone makes a profit
Do not exceed #FOMO at this time, always allocate capital and manage risks.
If from here BTC drops 20%, its price will be around 54k - 55k and is also the support area of EMA 200.
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