Important weekly close ⚠️⚠️⚠️
Well, are you still an optimist?
Here is my view for this week, Bitcoin hit the 25k resistance that was in August, and formed a double top, in addition to the price reaching the top of BB twice, and it was rejected, which is not good, and we also have a clear mini bearish divergence In the azure chart, in addition to breaking the general uptrend from 16k and also breaking the rsi trend, with a random downward deviation, all of these factors will inevitably lead to the collapse of the price, such as the US market.
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Based on all of the above, I am bearish until the weekly closing is above 25,600 at least.
Here is my view for this week, Bitcoin hit the 25k resistance that was in August, and formed a double top, in addition to the price reaching the top of BB twice, and it was rejected, which is not good, and we also have a clear mini bearish divergence In the azure chart, in addition to breaking the general uptrend from 16k and also breaking the rsi trend, with a random downward deviation, all of these factors will inevitably lead to the collapse of the price, such as the US market.
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Based on all of the above, I am bearish until the weekly closing is above 25,600 at least.
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