Weak movement of BTC
The BTC has some sideway moves during the last couple days. 9800 to 10000 have already formed a big rejection zone and the lastest hourly candle shows a clear sign of rejection.
DMI declines on hourly chart, and rsi MACD both show a loss of strength
the volume looks terrible too for buyers.
The post-halving phase doesn't look good to btc at all, with the stock market is getting more attention, btc has a very bad engagements these days.
We can easily expect a downtrend of btc from here.
Make sure to adjust your risk.
Happy hunthing!
DMI declines on hourly chart, and rsi MACD both show a loss of strength
the volume looks terrible too for buyers.
The post-halving phase doesn't look good to btc at all, with the stock market is getting more attention, btc has a very bad engagements these days.
We can easily expect a downtrend of btc from here.
Make sure to adjust your risk.
Happy hunthing!
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