BitcoinLong
$BTC $BTCUSD - Clear sign of an uptrend on 1D
- RSI still way below 35 on 1D chart.
- There is no way it is going down further unless RSI picks up significantly. This is the BOTTOM.
Next few days/weeks BTC will rally upwards for a new "lower HIGH" before coming down.
The volume is low because it will be a lower HIGH and the bulls are still not confident of breaking towards a higher HIGH.
Lower High Target: max 7500
Bottom: max 6180. (Don't expect below 6k).
Twitter: @skipper_crypto
Telegram: t.me/skipper_101
- There is no way it is going down further unless RSI picks up significantly. This is the BOTTOM.
Next few days/weeks BTC will rally upwards for a new "lower HIGH" before coming down.
The volume is low because it will be a lower HIGH and the bulls are still not confident of breaking towards a higher HIGH.
Lower High Target: max 7500
Bottom: max 6180. (Don't expect below 6k).
Twitter: @skipper_crypto
Telegram: t.me/skipper_101
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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.