#BITCOIN $BTC Chances, Chances… 31.05.2021

Candles perspective – monthly: if today $BTC closes below 45008, it will form a Tower Top, one of the strongest bearish reversal combos. If it closes below 8 EMA line (~38200) , the bearish odds will be even higher.

The RSI and MACD and a few other indicators seem to be very bearish so far. Do you believe $BTC can rally ~22% in the next 10 hours to level the odds? Everything is possible, but…

More about this in the monthly analysis later tonight.

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