Bitcoin looking very weak, triple bottom may not hold.
There is small/weak bullish divergence on daily RSI #BTC but vol is not there, also it's not like the recent stronger bearish divergence. This triple bottom doesn't look like it will hold.
If 30k breaks 28-25k is the next strongest range imho, possible close in that range and wick down to 24-21k, don't think BTC reaches 19k.
Watching these levels closely, the Bitcoin shorts won.
Another note, if 30k breaks and we range in the 20ks for a while... this correction / short term bear market could last longer 4-6 months. Crypto needs a fresh new dose of Hopeium atm.
If 30k breaks 28-25k is the next strongest range imho, possible close in that range and wick down to 24-21k, don't think BTC reaches 19k.
Watching these levels closely, the Bitcoin shorts won.
Another note, if 30k breaks and we range in the 20ks for a while... this correction / short term bear market could last longer 4-6 months. Crypto needs a fresh new dose of Hopeium atm.
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