Bitcoin
Short

BTC topping out

The daily chart is showing a bullish pattern. Weekly is showing overbought. The price is rising on low volume. It’s at the middle of the regression curve line. Its at the 4 year resistance line. The NVT indicator is maxed out at near all time highs. Multiple indicators are topping out.

The price can always go higher but I can’t imagine that it rises for very much longer.
Technical Indicators

Haftungsausschluss