Sell BTC
Bitcoin's three-day chart shows:
Bitcoin has dived out of the corrective ascending channel with a strong red candle.
The MACD shows lows of upward momentum
The RSI shows failed downtrend breakout.
Sell 21,210 target 16K Stops above $24,000
Fed fears have returned to the market. Most advanced nation central banks are now toying with the idea of raising rates well above 4%. The Fed is about to accelerate its balance sheet tightening from September.
Bitcoin has dived out of the corrective ascending channel with a strong red candle.
The MACD shows lows of upward momentum
The RSI shows failed downtrend breakout.
Sell 21,210 target 16K Stops above $24,000
Fed fears have returned to the market. Most advanced nation central banks are now toying with the idea of raising rates well above 4%. The Fed is about to accelerate its balance sheet tightening from September.
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