BTC is in this rising wedge since a couple of days and seeing that bearish DIV it was legit to expect a a price drop, however in this bull market the most of the coins with bear DIV I saw pumped anyway. I think this is the new normal.
Coinbase listing caused a wave of bearishness on BTC so I won't rule out a retracement and my supports are there in case this happens but I wanna stay open to the crazy bullishness of this market so I'm posting this TA as "neutral" just to show my daily supports and possible resistance.
I think the Fib extension is pretty solid as 0.5 and 0.618 coincide with some trendlines I took before using the Fib extension tool.
So, that's it, these are my trendlines, use them as you wish.
P.S.
according to squeeze momentum indicator BTC is currently pumping and to me this pump seems week, at least sto far!
Coinbase listing caused a wave of bearishness on BTC so I won't rule out a retracement and my supports are there in case this happens but I wanna stay open to the crazy bullishness of this market so I'm posting this TA as "neutral" just to show my daily supports and possible resistance.
I think the Fib extension is pretty solid as 0.5 and 0.618 coincide with some trendlines I took before using the Fib extension tool.
So, that's it, these are my trendlines, use them as you wish.
P.S.
according to squeeze momentum indicator BTC is currently pumping and to me this pump seems week, at least sto far!