RSI Higher, Price Lower, Volume Lower - Rinse Repeat?
The moves may be a bit more volatile but the patterns are the same. This time we might well see a retest of 3.1K and maybe if the retail longs get too confident and go silly we may see a squeeze below 3K
In any event..anyone who thinks there will be a growing wave of demand in the coming weeks or months like the retail interest seen before the last bull run following 2016 halving...think again.
The macro picture is pretty bleak. If you think the virus is finished...well good luck to that!
In any event..anyone who thinks there will be a growing wave of demand in the coming weeks or months like the retail interest seen before the last bull run following 2016 halving...think again.
The macro picture is pretty bleak. If you think the virus is finished...well good luck to that!
כתב ויתור
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