Winter Is Coming: BTC Drops Together With ℃Dec 2, 2019
Winter is coming. The BTC price began to decline. It exited the rising wedge on the hourly chart.
It is worth paying attention to divergences, formed on 2 technical indicators: RSI and MACD. This situation indicates a local reversal. Someone began to accumulate long positions in the BTC/USDT pair.
Remember, exit from the wedge can send the price to test the 6600 level once again. If the bears fail to break through this level, we will see a possible reversal of the global trend.