Hi guys,
Bitcoin has peaked on the lower end of the RSI -- meaning that it will have to make quick moves to go up on the higher end. This is a technical analysis that can be combined with the overall market speculation of bitcoin. It either will go down or up, but this shows it NEEDS to go up before we find out its longer term trajectory.
Nov 26 - Dec 17 --
A moving average divergence/convergence signals a bullish crossover. We will have to continue following BTC closely. will update....
Bitcoin has peaked on the lower end of the RSI -- meaning that it will have to make quick moves to go up on the higher end. This is a technical analysis that can be combined with the overall market speculation of bitcoin. It either will go down or up, but this shows it NEEDS to go up before we find out its longer term trajectory.
Nov 26 - Dec 17 --
A moving average divergence/convergence signals a bullish crossover. We will have to continue following BTC closely. will update....
Comment:
Saturday 19th, we're seeing upwards movement price wise. Continue to watch bitcoin closely as it works it way up.