Bitcoin 1D analysis

7月20日

I tried to find waves in Bitcoin 1D chart to see what is the possible direction. I am seeing a lot of bearish signals.

Bitcoin CME Futures chart has the first cap 58790 - 60845 and second cap 20330 - 21110 (it doesn't mean it will get filled!)


There is bearish divergence on RSI
1D

4H


I am sharing my thought process on these market moves and adjust my analysis as the market evolves. This is not meant to be followed by others, as I am prone to mistakes like anyone else. Instead, I welcome feedback that can help me question and refine my analysis.

7月20日

评论

I found bullish divergence, so I can't be fully bearish. If the price goes higher, then I am definitely going to buy bear spray to carry on my morning runs in nature because they also need to eat.