Bitcoin
Short

Just a heads up what I'm seeing

Zaktualizowano
According to previous behavior in 2013, I'm expecting a dip. RSI has been +69.1 for 6 weeks now, just like in 2013.

Lowest point will be around 750-1300.

Uwaga
Here is my update on how BTC could drop.

snapshot
Uwaga
As long as hourly chart struggles with the RSI red line, BTC will stall/dump.
Uwaga
Chart for previous update.

snapshot
Uwaga
Second attempt, note how the RSI is still above 50, so that's a bullish sign.
snapshot
Uwaga
Keep an eye on this resistance on the hourly chart:

snapshot
BTCUSDRelative Strength Index (RSI)

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