UP or DOWN, what do you think?

2022년 2월 19일

On weekly chart,

- Negative signal RSI, BTC need a positive divergence signal.

RSI < 50, BTCUSD down in range 70-80% from ATHs.

Right now, BTC just downed more 50%. So it's done? Maybe not yet.

But when zoom in



BTC has been downing more 35K equivalent to previous times. If the decreasing has done, BTC comes back to the race go up to 79K.

Unless, we have a support at 20K.

Time will tell!