BTC is quickly approaching a decisive moment.
Break the $40k resistance and the party starts. Fail and the depression returns to this old man.
The price action turned bullish on the low timeframes, but the daily here does not look that sexy to me.
MACD remains bearish, RSI nearly fell into the oversold area and is under 50 points, OBV under the moving averages.
I can't be bullish here, rather... I'd short BTC at $40k... if we get it.
My bias is neutral right now as the price may be choppy in this zone.
Let's revisit when BTC reaches $40k (big IF).
Like and follow if you liked my idea!
Break the $40k resistance and the party starts. Fail and the depression returns to this old man.
The price action turned bullish on the low timeframes, but the daily here does not look that sexy to me.
MACD remains bearish, RSI nearly fell into the oversold area and is under 50 points, OBV under the moving averages.
I can't be bullish here, rather... I'd short BTC at $40k... if we get it.
My bias is neutral right now as the price may be choppy in this zone.
Let's revisit when BTC reaches $40k (big IF).
Like and follow if you liked my idea!
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