$BTCUSD BTC NEEDS A RETRACE TO FIND NEW MONEY AT THE 200MA

It is no big deal for BTC to reset a little. RSI is high and CMF is showing tiredness. For new money to come in investors need to get a better entry price and we believe that will be around $4600 as the 200ma acting as support. If the bear market is over the bull market will take time to rise, which will make for a much healthier and stable trading environment.