The Pullback
I used the arrows to highlight the areas in which we have seen the crossover between the MA-50 and EMA-15, coupled with high volume, rising RVI, and overbought RSI.
I don't believe anyone should actively attempt to short here if holding bitcoin is your objective, however I do believe we will see a final buying opportunity very soon here before the ultimate run up for the rest of the year.
I don't believe anyone should actively attempt to short here if holding bitcoin is your objective, however I do believe we will see a final buying opportunity very soon here before the ultimate run up for the rest of the year.
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