We have bearish divergence on the MACD(Chris Moody) and the CCI and the RSI. Also the MACD looks like it can make a bearish cross over in the future. BTC is near all time high and volume is drying up and this week candle is forming a hanging man(week is not over yet). If the Bulls can keep price above the 10 EMA 103,333.98(purple curve) they have a fighting chance but the bears are patiently waiting.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.