KrisAnalysis

BTC POtential Upside Direction

BITSTAMP:BTCUSD   Bitcoin
Hi Everyone This is Kris and this is my Analysis''

Recently We had a Dump From 58k to 45k. Im wondering as well if this is still gonna continue.

Looking at the 1 hour and 4 hours and 6 hours Chart
Im currently Seeing divergence that is visible to both RSI and MACD, There is also a break of structure on the previous downtrend by the correction

So the big question is... Are we gonna go up?


Bearish:
Possibility of testing 38-42k

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DISCLAIMER: This is NOT FINANCIAL ADVICE.. THIS IS FOR EDUCATIONAL PURPOSES ONLY
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