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Technical analysis by paper_Trader1775 about Symbol BTC on 7/5/2025

https://sahmeto.com/message/3615891
paper_Trader1775
paper_Trader1775
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We have bearish divergence on the MACD(Chris Moody) and the CCI and the RSI. Also the MACD looks like it can make a bearish cross over in the future. BTC is near all time high and volume is drying up and this week candle is forming a hanging man(week is not over yet). If the Bulls can keep price above the 10 EMA 103,333.98(purple curve) they have a fighting chance but the bears are patiently waiting.

Translated from: English
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Signal Type: Neutral
Time Frame:
1 week
Price at Publish Time:
$108,095.36
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