in the past days huge capital injection to raise BTC from the annoying sideway 6.5-7k to 8k peak, volume also temporary increased from 4-5MM to 9MM per day.
Is that a reversal of the downtrend to an unexpected uptrend??
I don't think so, we currently are still below the channel top of the main downtrend coming from 20k. (log and linear) RSI and MACD are strongly signing for a down correction, BTC is overbought and RSI is diverging. This scenario is very similar to the one we experienced couple of weeks ago. We are expecting a second green leg to around 8.5-8.7k and then a very strong correction.
So very probable a downtrend in the next hours.
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*this is just my opinion I'm not a professional advisor! Make your choices wisely and manage your risks!