Hint 1: There's major divergence on the daily time frame.
Hint 2: Volume decreasing since the previous high.
Ichimoku has also things to say.
The green kumo cloud on weekly time frame works as a very strong resistance and it's never been broken upwards for BTC. It has stopped BTC from moving any higher for the past 5 weeks, and it's been rejecting it this week too.
Thanks for your attention.
Hint 2: Volume decreasing since the previous high.
Ichimoku has also things to say.
The green kumo cloud on weekly time frame works as a very strong resistance and it's never been broken upwards for BTC. It has stopped BTC from moving any higher for the past 5 weeks, and it's been rejecting it this week too.
Thanks for your attention.