Oh yes - gamblers aplenty are punching the air. I have little doubt now that BTC will hit 20,000 (or more) soon. Even 21,000 is possible. This does not mean that it will get there. Price could make a significant correction right now before moving north again.
Almost every time the RSI has hit 90, there has been a sudden and significant correction.
To be clear, corrections do not mean that price will head to rock bottom.
I am not bearish on Bitcoin. As some will see from my other posts, I've said that it could reach $30,000 by 2024. I'm out of it, because I do not like the sort of volatility I see.
Almost every time the RSI has hit 90, there has been a sudden and significant correction.
To be clear, corrections do not mean that price will head to rock bottom.
I am not bearish on Bitcoin. As some will see from my other posts, I've said that it could reach $30,000 by 2024. I'm out of it, because I do not like the sort of volatility I see.
Comment:
Potential killzone approaching (this is not advice).
FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus youtu.be/NjTdvALChwk ]
