MACD + RSI suggest a possible bottom forming on the 3 day chart.
On the 3 day Bitcoin chart we are now seeing :
-MACD (bottom indicator) showing signs of a bottom beginning to form.
-RSI reset
-83 day long correction compared to 99 days in 2021
We could still see the Bitcoin price drop or range for another 14 - 21 days, however indicators are now suggesting a bottom is near and we should have a reversal soon.
-MACD (bottom indicator) showing signs of a bottom beginning to form.
-RSI reset
-83 day long correction compared to 99 days in 2021
We could still see the Bitcoin price drop or range for another 14 - 21 days, however indicators are now suggesting a bottom is near and we should have a reversal soon.