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TradeHunterrr99
2021년 5월 24일 오전 11시 30분

BTC ANALYSIS 

Bitcoin / U.S. dollarBitstamp

설명

Comparing BTC bull run of 2013-2017-2021..
In every bull run BTC after making a top BTC is settling below 0.78 Fibonacci level, at the same time RSI also gets accumulated, so there's a good chance that BTC may follow the same!!
Question is how do we know its a top ?
- currently if may month candle closes bearish, then evening star formation will be validated , hence beginning of downtrend , after that it may follow the same path as it followed earlier after every bull cycle!!
After BTC tests its lower trend line i.e. support zone , then it'll start a parabolic recovery and will break its ATH with great liquidity, like it did after every bull run!!
Refer closely to the chart, see Fibonacci level, RSI accumulation and then a great parabolic recovery!!
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