Hmmm, I think rather the first :) Bulls are very hungry. We will see in 1-2 weeks... Thank you for the analysis. Fantastic job.
Cripto_Trader_BR
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@Barrabert, I also think the bears ate enough.
I do not know if you understand, because it is in Portuguese, but both RSI and WTB are already in critical oversolding points, we also have a divergence in Momentum, as well as in "volume variation".
I really believe in a bullish moviment.
felipecms14
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@tavinholkpk, I really believe in a correction because Btc is on oversold area, but I think everyone waits for it, so it will not go last enough.
But i can not say that I would believe in a bullish movement, because RSI is on a bear trend on daily and weekly charts.
Once it starts making higher tops and bottons, and RSI gets above 50 on weekly, and on daily set a trend up, then I would believe in a bullish movement.