I am bullish here with BTC in the low 7k range. Volume has dried up to almost nothing, indicating a big move is coming. Daily RSI is approaching oversold. Beginning to see bullish divergence in the 4H RSI.
Looking at where BTC has come from and where it is now, the run to 20k pales in comparison to the previous tops at $260 and $1,160.
For people expecting BTC to drop below 4k, keep in mind that it would need to break a trend line that has held for 2,365 days.. and counting.
Looking at where BTC has come from and where it is now, the run to 20k pales in comparison to the previous tops at $260 and $1,160.
For people expecting BTC to drop below 4k, keep in mind that it would need to break a trend line that has held for 2,365 days.. and counting.