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bitcoin usd chart tradingview
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The recent dip looks like a classic oversold move; could be a good entry if you’re comfortable with volatility.
I’ve been watching the 4‑hour chart all morning – the RSI staying under 30 suggests more downside pressure ahead.
Honestly, the volume isn’t supporting the recent bounce, so I’d stay cautious until we see a clear break above the 27k resistance. bitcoin usd chart candlestick
My algorithm flagged a bullish divergence on the MACD, but the price action is still hesitant, so I’m scaling in slowly.
For a long‑term holder, these short‑term swings don’t change the fundamentals; just keep your position size reasonable.
The 1‑day candle pattern resembles a head‑and‑shoulders, which historically precedes a correction of about 5‑7 %.