Bitcoin Weekly RSI Analysis
I see a pattern in RSI crossing RSI's Moving Average.
In 2018, there were 5 Down Crosses before bottom was in. After the last down cross, BTC went down 50%.
In 2022, 5th Down Cross happened on 5th Dec, 2022. We can expect a similar move.
Let's see how this goes.
In 2018, there were 5 Down Crosses before bottom was in. After the last down cross, BTC went down 50%.
In 2022, 5th Down Cross happened on 5th Dec, 2022. We can expect a similar move.
Let's see how this goes.
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.