$BTC
Bitcoin 4H chart update: bearish momentum back
We can see the strong acceleration in the past 8 hours after the rejection from the 1 week average, we are now testing the last support of the 1 month average.
RSI is near oversold conditions, we will need time to digest this area and see what market makers decided to do, a bearish reversal or again a dip-buying on supports.
Bitcoin 4H chart update: bearish momentum back
We can see the strong acceleration in the past 8 hours after the rejection from the 1 week average, we are now testing the last support of the 1 month average.
RSI is near oversold conditions, we will need time to digest this area and see what market makers decided to do, a bearish reversal or again a dip-buying on supports.