Seems like we have stagnated now in the price of bitcoin and other majors.
We are at the top of cup, however still momentum is up on the shorter time frames to give us our last exits looking around $10900 - $11200 before we come down. However as I type things may look like they have already started to come down.
We also have bearish divergence on the MACD stochastic RSI, I wouldn't be trading this right now until further confirming more likely to the downside
This is based on my opinion on how I read the charts
20k by September/October 2020
We are at the top of cup, however still momentum is up on the shorter time frames to give us our last exits looking around $10900 - $11200 before we come down. However as I type things may look like they have already started to come down.
We also have bearish divergence on the MACD stochastic RSI, I wouldn't be trading this right now until further confirming more likely to the downside
This is based on my opinion on how I read the charts
20k by September/October 2020
