Bitcoin: Speculative Buy/Long

A 9 (yes, nine) reading on the 7-day RSI is very rare. I'm calling a rebound long at current levels. Previous (see attached) I warned about BTC above 34000 on 8 May.

Buy/long: 17643
Stop: 16300
Target: 22100
Chart PatternsTechnical IndicatorsTrend Analysis

Related publications

Disclaimer