Bitcoin - short-term correction?

11 thg 10, 2021

The chart is pretty clear I guess. The price is very close to one of the most important resistance areas which is May's high. RSI bearish divergence is also pretty obvious. A pullback to the broken trendline and the 50-48K support is expected. This may be the last shake-out before ATH.

SEC is rumored to approve the Bitcoin ETF in the near future, so I don't expect a long term crash, but a short term correction instead.