Sorry for being bearish. But I still think it's going down low based on previous events with matching RSI. Not sure though, BTCUSD always seem to defy laws of physics, so I hope I'm wrong with this.
הערה:
RSI tried to breach the resistance but failed.
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הערה:
RSI is oversold for a bit, let's see how long can it bounce till it penetrates that ATH trend line
הערה:
It has come a long way since I first posted this. RSI began touching the low around end of Dec '18. It bounced like I was hoping for. People started saying it will go sideways (distribution cycle) after this. Curious to see what will really happen to BTCUSD market this year. Cheers, and happy new year.
הערה:
*(accumulation cycle)
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Have you long XBTUSD yet?
