Bitcoin BACK TO 40K???
I know everyone is bullish and everyone is Fomo-ing into BTC over the past couple days.
But...
1.We have currently and ascending wedge as main pattern
2. RSI is borderline overbought and has a massive bearish divergence ( higher highs on price, lower lows on rsi)
3. Pi cycle crossed yesterday.
4. Coinbase listing tomorrow on the stock market.
I think we are in for one of those massive discounts a la 2017 and 2013.
Btc target 68/70K until tomorrow and then see you soon 40k
Let me know what you think.
But...
1.We have currently and ascending wedge as main pattern
2. RSI is borderline overbought and has a massive bearish divergence ( higher highs on price, lower lows on rsi)
3. Pi cycle crossed yesterday.
4. Coinbase listing tomorrow on the stock market.
I think we are in for one of those massive discounts a la 2017 and 2013.
Btc target 68/70K until tomorrow and then see you soon 40k
Let me know what you think.
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