The chart is straightforward. Technically (TA) looking at the RSI $btc is clearly oversold. This is the lowest $btc RSI W1 has been historically.
Now, this looks like armageddon and $btc could easily hit $12k or lower which wouldn't look like much on a bigger timeframe. Still, if I was buying for longterm this looks good.
This is not a financial advice and it is not even such a unique advice but, it is just my perspective to things. Good luck.
Now, this looks like armageddon and $btc could easily hit $12k or lower which wouldn't look like much on a bigger timeframe. Still, if I was buying for longterm this looks good.
This is not a financial advice and it is not even such a unique advice but, it is just my perspective to things. Good luck.