AdamMalysz

btc disbelief ending?

Long
AdamMalysz Updated   
KRAKEN:BTCEUR   Bitcoin / Euro
In my previous idea, I think I make a mistake, I think we may be not close to disbelief, but we already are in late disbelief stage. I bet on that analysis that we could go up to $30k but I didnt expect we will catch it so quickly. But never mind, I take this candle as an anomaly, and we could erase it from ta. But let be honest it is a good sign.
Today I was thinking that after this massive pump we will go straight down, and last stage before rally will go according to my previous plan with target 20-16k. Bitcoin after this pump still go up, but as we see RSI bitcoin is now oversold, so I'm quite sure that we will have few more days when the price will stay on more less same level. Final dump before rally could bring us dump to $27k. I'm not sure if my previous plan with 20-16k could be valid.

So, do rally will start soon?
Comment:
overbought* of course :)
Comment:
good so far
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.