moarbtc

I hate to say this but...BTC not out of the woods yet...

BITFINEX:BTCUSD   비트코인
RSI on the weekly still has not broken 30. If you look at 2014 it dropped 60% from the bottom of that triangle and bounced and then pierced 30 RSI before the bear market could be ended. After this aggressive drop of recent days I see Bitcoin bounces here upwards 200-800 dollars and then comes back down piercing support of the long term stable bullish channel and possible another double bottom plays out around 3K before it can attempt to enter the bullish channel again. Ultimately I'm Long but I see us making another low first. Not financial advice just my opinion looking at the charts. Peace and Anarchy.
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.