BITCOIN Needs to Cool Off... Small Pause Area Below.
BTC ran up and demolished the target on my scalp chart, I think at this point we are clearly overbought. We could go back up to test local resistance within the oval above. I think the local top is around $40,900 and I think the most likely scenario is that we will drop to consolidate before going back up. IMO, this is overbought on RSI and STOCH with momentum rolling over.
