Technical Analysis of BTC using 200DMA and 128DMA. BTC has tested and retested 200DMA as well as the 2.618 Golden Ratio Ext and is currently being rejected. There is tough resistances on HTF going into the 48-51k region. Bollinger Band width has been compared with RSI, when RSI and BBW touch and deviate with RSI trending up BBW trending down, we see and increase in price. The converse is true for decending price action. Two simple paths have been laid out (time frame is not considered, this is rough).
Commento:
NFA