Extreme price changes are have always been a characteristic of bitcoin as the decentralised movement continues to scale against global markets. Institutions love extreme dips in emerging markets and this is one of the greatest dips of all time.
The RSI has experienced extreme conditions on all time-stamps and heavy volume is flowing into Bitcoin at and below $3,751. It is almost certain that Bitcoin will experience a retracement from this level.
The Intelligent Moving Average has already crossed, indicating a bullish move for bitcoin.
Hi, long time no see. I want to get advice from many chartists.
This is my personal opinion, concluding summary of the things below.
Futures(CME, CBOE) Expiration Date, 50days Pattern, Comparison with 2014
Where do you think is the most likely position for BTC to rebound?