$BTC And so a promising week rolls down, and the worst will begin after 81.1k (the low of last week). Of course, many see the path down to 70k: tariffs, the need to deflate the bubble, reducing inflation, and bringing prices back to reality.
Moreover, the US government is not particularly eager to buy at such prices; it’s clear that the US will acquire discreetly, secretly, and NOT during a period of decreasing inflation.
The MACD on the weekly chart shows bearish signals, and the RSI indicates a weak buyer, even though we do not see any buybacks on the chart. Two daily candles cover the weekly growth.
The close of the week is important; if it doesn't update 81.1k and returns to 85 with a solid hold, we can expect a small bounce. The S&P 500 has a gap down to 5553, the CME closed at 84k, what gap will there be at #bitcoin ?