I was right yesterday when I mentioned about insufficient bullish forces. Today BTC made a Spinning Top candle/doji, shifting the odds to the bearish side.
The plan for tomorrow (the last day of week for BTC) remains unchanged:
- If BTC closes tomorrow with a strong green candle above 59500, I would be expecting a new All Time High in the nearest future.
- If BTC makes a red candle, there would be a good perspective for the continued decline.
My targets stand: 48000-38000.
I hope the weekly closure will make a decision.