Is $BTC going for 76,000$, fam???
Well, I don’t think so. The reason is low weekend volume. On top of that, indicators like RSI are showing overbought conditions on the LTF, and candles are likely to turn red here. HTF still looks neutral, no clear bullish or bearish direction yet.
In my view, LTF will range until the weekly close. We already got a weekly close below the bearish channel, but I still expect price to attempt a move back inside it for a possible upside reaction.
Conclusion bearish pressure on LTF, neutral structure on HTF. The weekly close will decide the real direction.
Drop a "LIKE" and comment your opinions.
Also, look at PARTI’s crazy move, and $SIREN back to 2$, now sitting around 1.6$. Last trade on $C is still in play.