You know i chart pretty basic and dont like btc maximilists , but just for giggles and laughs, if this chart comes true...
January seems to be a major month between bull and bear
but to be clear, its prety accurate if trend and history carry on
ANYWAY BACK TO BEAR WATCHING!! HAVE A GOOD WEEK
OK so everything has floored, rsi, stoc, but NVT is toucning the trend line.
IMO, if i was a betting man i think october 4th to 7th could see some moves,
how ever!! if the NVT goes below the RED trend line its not good! REMEBER FOLKS, big massive btc moves come when the NVT goes green at the bottom, have a look
people need to realise futures have a big say in...
RSI at the bottom, does not mean it jumps out asap. it can go sideways, on this chart 6300 could be the bottom!!
looking back a the last RSI bottom, this could play out.
rsi has only a hand ful of times on daily in BTC history been this low
Bitcoin Futures BTC1! CME Near Date
The futures chart is showing some of the clearest trend lines
at moment so is worth a look. Price action yesterday has not
helped the bull cause.
The chart shows Bitcoin is still in a very precarious state.
Yesterday's fencing battle with thrusts upwards and spikes
down was by turns dreary and stultifying and mixed with...