Bearish argument:
Bitcoin has reached the technical price target of cup and handle pattern as seen on the weekly chart.
Safe entry: Need to wait for closed monthly reversal candle
Early and risky entry: Double top on the daily and weekly with daily bearish divergence and bearish engulfing candle.
Bullish case: No major volume spike and Ethereum hasn't shown a clear bearish reversal yet at the ATH level.
Bitcoin has reached the technical price target of cup and handle pattern as seen on the weekly chart.
Safe entry: Need to wait for closed monthly reversal candle
Early and risky entry: Double top on the daily and weekly with daily bearish divergence and bearish engulfing candle.
Bullish case: No major volume spike and Ethereum hasn't shown a clear bearish reversal yet at the ATH level.
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