jawpilot23

Longer term view and key RSI level

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Longer term channel with a fib extension from the high way back in April 2013 to the December 2018 high. Currently we are holding above the 0.5 level. Close below this level and $7,000 may be in sight.

RSI at a key level. Just dropped down below the red line for the first time since it broke through back in October 2015. Still above 50 and currently attempting to gain support above $10,000. Will be watching this RSI level very closely.
I like your analysis when you measure time intervals and percentages of moves.
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