$BTC
Bitcoin closed at 29690 on CME, which means that we will return to this price by the beginning of the week with a high probability until Tuesday.
It's still getting to a potentially good level to open a short position (30800-31300). I think that by Monday-Tuesday we will see an unloading to the 29300-29500 area, and from there we will go to a new high. I don't trade on the weekend, but on Monday I will watch the price reaction at the opening of the new week.
On the hourly chart we got a bearish divergence, which agrees with the descent to at least 29500, or even lower. I will attach the chart screenshot below.
Bitcoin closed at 29690 on CME, which means that we will return to this price by the beginning of the week with a high probability until Tuesday.
It's still getting to a potentially good level to open a short position (30800-31300). I think that by Monday-Tuesday we will see an unloading to the 29300-29500 area, and from there we will go to a new high. I don't trade on the weekend, but on Monday I will watch the price reaction at the opening of the new week.
On the hourly chart we got a bearish divergence, which agrees with the descent to at least 29500, or even lower. I will attach the chart screenshot below.