Short Term Long BTC/USD

The market is definitely in a mid-term downtrend. Although I am a bull in the long-term , in the mid-term, I am cautious and see potential for further decline. The overall market is feeling is negative and a lot of weak hands are exiting. Short-term though, the RSI is hitting oversold, and historically , you always get a bounce. Above are 2 scenarios before the further dip. Be cautious, do not invest what you cannot lose.

Be safe out there.