BTC is in the Buy Zone (current price down to $6800). I do not think we see the Nov.25 low of $6500 again. RSI is currently below 40. RSI was recently as low as 22. If we see RSI this low again, this would be like a double bottom on RSI which I consider bullish. Based on the RSI trend, I don't see these "BTC going to 5K" predictions accurate. This would imply a mass exodus of BTC during high economic uncertainty, right before halving. Sounds like fud to me.
I am watching the price and 10WeekMA wanting to come together like magnets. When that happens - we are on! Until then - by incrementally into the weakness until we see a flip bullish in the weekly. Then pour gas on the fire.
Thank you for liking, commenting, throwing up a chart, following, or viewing. I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts. Disclosure - I am long MARA, GBTC, BTCUSD, GDX, and VIXY. Short SPY, AAPL
BTC Outter Space view - Says by 1/1/2020 we don't EVER go below $6 again. EVER. If we do, we violate 10 year resistance and stock to flow.
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.