BTC is still ranging in a not so tight range, seems like some form of consolidation on these levels, trying to drop its RSI without losing too much in price.
I am of the opinion that BTC needs a clear strong break above the red arrown line ( above $7700 ish) and not close below this level to turn bullish.
If BTC remains under $7400, my opinion is there's still risk to go as low as $6400 ish.
NOTE: This is not financial advise. This is my opinion of current BTC situation put down for for observation.
I am of the opinion that BTC needs a clear strong break above the red arrown line ( above $7700 ish) and not close below this level to turn bullish.
If BTC remains under $7400, my opinion is there's still risk to go as low as $6400 ish.
NOTE: This is not financial advise. This is my opinion of current BTC situation put down for for observation.
Comment:
Just another boring shake up and down. Wouldn't we all prefer a nice touch down on the bottom of the channel and then some massive push up? What do you think, leave a comment
