BTCUSD
is showing a potential double top reversal here. if labeled support is broken, target level is around $7.9k additionally, we have:
bearish divergence on volume
bearish divergence on MACD & its momentum oscillator
bearish divergence on RSI
AND (this is very important):
koreans and japanese are nowhere to be seen in this secondary pump. USD spot price has diverged hugely from its KRW and JPY counterparts.
trade at your own risk.
Comment:
at this point, it's looking like the market is ignoring the reversal signal (yet again), but we'll see