BTC ATH. Point of Interest in terms of Supply and Demand.
Let's see whether the first circle area will hold and create divergence on RSI for Daily.
The RSI has divergence on both side but but currently is moving downward. Let see whether the FED on this Wednesday which the forecast saying it will be fairly good can give BTC a quick rally before the topping occurs. Bcus the Dollar is seen a bottom on weekly chart. That would be deadly for BTC rocket. It might do what people would call a correction. Then after that, would it start its bull run for this halving.
Actually eventho this doesnt get along with other persepctive..I just wanna put it here as my record. To see whether I can read the chart or not.
The RSI has divergence on both side but but currently is moving downward. Let see whether the FED on this Wednesday which the forecast saying it will be fairly good can give BTC a quick rally before the topping occurs. Bcus the Dollar is seen a bottom on weekly chart. That would be deadly for BTC rocket. It might do what people would call a correction. Then after that, would it start its bull run for this halving.
Actually eventho this doesnt get along with other persepctive..I just wanna put it here as my record. To see whether I can read the chart or not.
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