BTC is losing bullish momentum again
After BTC reached 72K which corresponds to a strong zone we can see the price moving down.
SO far BTC is showing a decrease in the bullish momentum thus raising the chances for another bearish wave as explained in the charts.
Many can be bullish and it may rise again however this is what BTC is showing with the current data. It can create a small correction as the beginning which can also be a new big bearish wave.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
After BTC reached 72K which corresponds to a strong zone we can see the price moving down.
SO far BTC is showing a decrease in the bullish momentum thus raising the chances for another bearish wave as explained in the charts.
Many can be bullish and it may rise again however this is what BTC is showing with the current data. It can create a small correction as the beginning which can also be a new big bearish wave.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
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