- on the back of ETF spot approval speculation, BTC has had a very impressive rally so far
- however, with weekly volatility only now expanding and weekly RSI displaying an inverse head and shoulders formation, it is very likely this move has only just begun
- personally looking for targets between 46 - 54k
- do note that until Bitcoin is trading above the 0.786 this entire move from 15k could technically be just a bear market rally and nothing more
- however, with weekly volatility only now expanding and weekly RSI displaying an inverse head and shoulders formation, it is very likely this move has only just begun
- personally looking for targets between 46 - 54k
- do note that until Bitcoin is trading above the 0.786 this entire move from 15k could technically be just a bear market rally and nothing more
Comment:
Bitcoin´s volatility on the weekly timeframe - big moves have started from this region.
Comment:
Bitcoin now trading at 42k however its monthly volatility signature is almost at ALL TIME LOWS!
Are we about to witness something truly special here?
Are we about to witness something truly special here?