As you can see below, our last top was a perfect .786 retracement from the previous low. If you understand algos you’ll understand why this is very bullish. Unfortunately algos need a .50-.618 retracement to reach new ATH’s.
The weekly RSI is perfectly resetting. The Vegas wave exponential moving averages are nestled beside it & if you understand Allen Andrews Pitchfork the red media line(middle line) is also waiting to pull BTC to it. A perfect bounce would put BTC on the way to $14,000.00
The weekly RSI is perfectly resetting. The Vegas wave exponential moving averages are nestled beside it & if you understand Allen Andrews Pitchfork the red media line(middle line) is also waiting to pull BTC to it. A perfect bounce would put BTC on the way to $14,000.00