55MA was breached only 4 times during 2017. this has been breached this time again. currently its hovering in between 55MA and 200 EMA. Almost touched 0.618 Fib Rectracement level at $9519. it has yet came as low as $9633 though.
Oversold it is for now. the RSI is extremely low. Last time BTC had this low RSI was price was less than $4000 and that's where the rally started.
The bottom is near
Oversold it is for now. the RSI is extremely low. Last time BTC had this low RSI was price was less than $4000 and that's where the rally started.
The bottom is near