Bitcoin historical analysis - part 4 2023
On the 14th of November 2022
Things are a bit more complicated, the fed is trying to draw money out of the system, and we have had a lot of big companies be taken down through fraud thanks to SBF and his criminals.
We have identified the downwards trendline - 2 of them to take note of
And the priced has retraced below the 0.768 level
The RSI has had a technical breakout
And on this date, we had clear bullish divergence .
with this and the previous analysis, i suspect that we have had a bottom local bottom of 15 500 before we have some upside.
Note that I expect us to come and retest this trendline level ta some point
Things are a bit more complicated, the fed is trying to draw money out of the system, and we have had a lot of big companies be taken down through fraud thanks to SBF and his criminals.
We have identified the downwards trendline - 2 of them to take note of
And the priced has retraced below the 0.768 level
The RSI has had a technical breakout
And on this date, we had clear bullish divergence .
with this and the previous analysis, i suspect that we have had a bottom local bottom of 15 500 before we have some upside.
Note that I expect us to come and retest this trendline level ta some point
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.