Bitcoin to Dollar$BTC
-1 is on its way to forming a negative Wolfe pattern with a target of 72K. This pattern will be activated if it reaches wave number 5 in the chart.
2- Two negative double tops will form, also targeting 72K.
- The upward momentum in the MACD indicator is decreasing given that
Chart
-4- The beginning of a negative intersection between the signal line and the MACD line, which means a trend reversal.
5- Negative gender diver
6. RSI bullish momentum is decreasing.