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perrynoid
May 25, 2020 11:14 PM

$3,500 next target... Short

Bitcoin / United States DollarCoinbase

Description

...middle to end of June... NOT necessarily the final capitulation of a bear market.
Comments
macotta
👏🏻
CarlsonCryptoTrading
Being able to buy in at $3,500 would be a dream and I think it is a real possibility only if institutional investors need to firesale their BTC if the stock market breaks down.

I'm thinking that if this happens the SPX index will be the catalyst to push it this low.

PS: I like the idea of comparing the RSI against historical patterns...I will add this into my analysis. Thanks.
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