HexaTrades

Bullish Sign For Bitcoin!

Long
HexaTrades Updated   
BITSTAMP:BTCUSD   Bitcoin
Bitcoin technical analysis update (Weekly Chart)

Bitcoin's weekly RSI falling from the last 2 years, In December 2020 weekly RSI touched 95 overbought levels, at the time BTC was trading at $42000 after that RSI started falling.
In the above chart, you can see Bitcoin 2 year-long Weekly RSI breakout above its trend resistance line, this is a good bullish sign for bitcoin.

Thanks
Hexa
Comment:
Chart Update

💬Telegram: t.me/hexatrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.