Official_Bitcoin1

Bitcoin : strong reversal after RSI hits oversold

Long
BYBIT:BTCUSD   None
Bitcoin is consolidating further, bouncing between the 4hr bands, since it broke the RSI midline, expecting it to hit oversold before continuation upwards, therefore we can still make a lower low & build a divergence, which could initiate a strong reversal. Entering a long when price crosses over the blue 4hr scalpel line after RSI hits oversold + divergence could be ideal entry.

Bitcoin is taking is slow, which is great for alts, many of whom have ignored BTC dump & continued to fly. We are entering the meat of alt season with BTC dominance continuing to fall. This is the promised land. Enjoy it.

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