BTC/USD is showing a potential double top reversal here. if labeled support is broken, target level is around 7.9k
additionally, we have: bearish divergence on volume bearish divergence on MACD & its momentum oscillator bearish divergence on RSI
AND (this is very important): koreans and japanese are nowhere to be seen in this secondary pump. USD spot price has diverged hugely from its KRW and JPY counterparts.
trade at your own risk.
Commento
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at this point, it's looking like the market is ignoring the reversal signal (yet again), but we'll see