CoinScoopBitcoin Faces Potential Correction Amid Bearish Technical Signals
Bitcoin is showing signs of exhaustion after reaching $87,397, with analysts noting a bearish divergence in the RSI and declining demand in spot and futures markets. A short-selling strategy is proposed with an entry zone between $84,966 and $85,140, a target of $82,500, and a stop-loss at $86,020.
Summaries are written by AI from the original article. Not investment advice.