$BTC
Fell to ~68.7k but not like a real crash
similar to a liquidity sweep and then a recovery.
RSI is in oversold territory, with funds supporting it, long positions have been forced to close.
The current area could easily see a bounce up to 69.4k–70.3k.
But it's not a trend reversal yet: still below EMA, MACD is negative.
#Btcupdate
Fell to ~68.7k but not like a real crash
similar to a liquidity sweep and then a recovery.
RSI is in oversold territory, with funds supporting it, long positions have been forced to close.
The current area could easily see a bounce up to 69.4k–70.3k.
But it's not a trend reversal yet: still below EMA, MACD is negative.
#Btcupdate