BITMEX:XBT   Bitcoin / U.S. Dollar Index
finally we broke the 6000 barrier, now things get critical from here, as i said before 6000-6450 is the major resistance zone we need to break and hold for the next major bull market, usually prices falls back and retests the support levels, which in this case are around 4200 and 3200. fun fact is that despite of having negative divergence as shown by RSI bulls have succeed to keep prices going higher. finally its still not the time to sell your home and jump all in Bitcoin , there's still lots of fear and uncertainty by looking at the charts, we are still due for a correction.

Comments

Short and sweet, Thank you CoinGuru! Given the RSI Divergence, I expect the price pullback to be nasty.
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