BTC-USD BEARISH INDICATIONS.
Take a look at this RSI and MACD indication. Looks like a clear indicator that BTC-USD is showing some serious bearish tendencies.
Historically RSI has given clear indications when BTC has been overbought, and oversold.
Historically RSI has given clear indications when BTC has been overbought, and oversold.
Note
Oversold at 16.9k.Oversold at 8.4k.
Looks like it will be oversold within the near future at 4.5k.
MACD crossing downwards.
My tip: Sit tight and wait until BTC hits 4.5k, from there we might se a bullish pattern after a new analysis.
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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.