Expected Short-Term BTC Correction
The chart shows an uptrend, but the volume and RSI indicators suggest bearish signs. Buyers seem hesitant to purchase at the current level, likely because BTC has been in an uptrend for a while. They are waiting for a pullback before entering the market. Therefore, I believe BTC might undergo a short-term correction.
Disclaimer
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.