Just simply observing the 4 hour candle stick chart for BTC, it appears that it is forming a head and shoulders pattern. MACD remains to be bearish and the RSI is oversold. My fiat is on standby for BTC. I will be watching it for the next few days. I thought of short selling and entering at 7700 sats. I would not.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.