#BitcoinUpdate 🪙
- BTC is forming a bullish flag/broadening wedge pattern, which could take the price to a new high 📈
- However, the price is still facing strong resistance and the impact of the macroeconomic situation
- Glassnode: BTC is weakening, the market has been bearish for the past 5 months
- BTC whales are accumulating, but are they missing any important data?
- BTC price keeps making lower highs, MACD and RSI are decreasing
- Trading volume is decreasing, BTC demand is also decreasing sharply
- Recent rallies are led by futures, new catalysts are needed from the spot market
What do you think about the future of BTC? Comment below! 💬