$BTC $ETH $XRP

Good morning, as we can see, Bitcoin is stable between 118000 and 117000, which means there is a possibility of rising to 119000 and 121000 within these areas if possible, then a corrective drop again if the American news is negative. Currently, Bitcoin targets the 118800 area, then a strong rise, followed by a correction to the same areas if it does not break 118800 and close above it for 4 hours, which is the maximum. There is a very high likelihood of a violent correction in the Relative Strength Index (RSI), which has reached the 75.00 area and is currently trying to break through it again, but a correction is expected in the coming hours if it fails to break 118400, then the 118800 area. Otherwise, it is a negative indicator for Bitcoin. The 76.00 bullish area is above the RSI, so there is a strong possibility of seeing a strong correction in case of failure to break through. Conversely, in the 1-hour RSI, we see selling instead of buying, so the correction may continue for the rest of the timeframe. However, currently, Bitcoin is rising, and we see that the rest of the altcoins are declining so far and have not risen due to liquidity that has not yet entered the altcoins in general.

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