Hey, I am back with another Idea, this time looking at Bitcoin chart.
Bitcoin has been showing strong bull moves lately, but the current question is, was $12,000 the top?
If the price can stay in the uptrend, I think there may be new high, but when the price breaks down uptrend, drops below $11,000 and the RSI will fall below 40. Bitcoin will go down or sideways for a while.
If the scenario is sideways, I recommend to live the alt season.
Good luck with trading!
Bitcoin has been showing strong bull moves lately, but the current question is, was $12,000 the top?
If the price can stay in the uptrend, I think there may be new high, but when the price breaks down uptrend, drops below $11,000 and the RSI will fall below 40. Bitcoin will go down or sideways for a while.
If the scenario is sideways, I recommend to live the alt season.
Good luck with trading!