- RSI on daily back to median position
- RSI on 4h back to oversold position
Why down?
=> BTC went down firstly because of major sell (15.000btc)
=> Liquidation of longs because of sellof
=> Afterwards UK inflation numbers were published (10%)
Why up?
- EU approves crypto licensing
=> Will probably test 32k again, weekly close above 32k would be great.
=> If we go lower, we might test the resistance at 28k first
- RSI on 4h back to oversold position
Why down?
=> BTC went down firstly because of major sell (15.000btc)
=> Liquidation of longs because of sellof
=> Afterwards UK inflation numbers were published (10%)
Why up?
- EU approves crypto licensing
=> Will probably test 32k again, weekly close above 32k would be great.
=> If we go lower, we might test the resistance at 28k first