BTC: We are going up after reaching the local bottom!
Updated
More than 50% dip from ATH is just normal for this phase of the cycle.
We have been waiting for higher low and now path for upside is open:
- RSI on convergence
- MACD on convergence
Direction: up, with possible retracements.
We have been waiting for higher low and now path for upside is open:
- RSI on convergence
- MACD on convergence
Direction: up, with possible retracements.
Note
Some key levels to watch:- $38500
- $40000
- $42500
Trade active
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