Bitcoin Retraces Hits Oversold - 4H [TIME TO BUY BITCOIN]

Bitcoin’ is retracing as I mentioned on the 27th October on my last Bitcoin’ update. What to do next?

- Just like last time, we've entered oversold on the RSI. Each time Bitcoin’ hits this level, it bounces and starts to move up.

- June's low trendline is working as support.

- Buy in range: $6200 - $6350 for long.

- LONG TERM Bitcoin trade:

- Next target: $6500 (short term) followed by $6800.

- Next support: $6300 followed by $6200.

- Thanks a lot for reading. More updates coming soon.

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Namaste.

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Daily time frame:

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Thank you all for the amazing support.

Let me add that he conventional markets reached ALL TIME HIGH, and are crashing: stocks, indexes, etc. and cryptocurrency has reached some DEEP LOWs, it is starting to move up.

So let it drop some more, just make sure to buy up as much as you want.

TIME TO BUY BITCOIN AGAIN.

Namaste.

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More reasons to buy Bitcoin (hidden bullish divergence spotted):