240805 Crypto Outlook

8월 5일

After a dramatic selloff bitcoin bounced back from a low level of 49,360.

Investors don't need to be so fast to jump in new positions in crypto, for rebound needs confirmation.

Better try the following method for medium to long-run positions,

take MACD and RSI, so when the two indicators give simultaneous buying signal, then it is time to hop in crypto investment.