Nothing has changed in #__PROT0__. There are conflicting theories: - There is a strong bullish divergence indicating that the markets are about to reverse upward. - There is a potential bearish divergence, since the price is not making a higher high while the indicators are doing so at the moment. I tend to give more weight to the bullish divergences, given the fact that there are also bullish divergences on the longer timeframes for $BTC. That said, I assume we will see $61K hold as support and the markets move back up over the next few days. You really don’t want to see a big correction here.
Nothing has changed on #Bitcoin. There are conflicting theories: - There's a strong bullish divergence indicating that the markets are about to reverse upwards. - There's a potential bearish divergence as price isn't making a higher high, while the indicators are currently doing that. I do like to give the bullish divergences more credit given the fact that there are also bullish divergences on the higher timeframes for $BTC. In that way, I assume we'll see $61K hold as support and the markets turn back upwards over the coming few days. You'd much rather don't want to see a big correction here.
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