DutchCryptoDad

Bitcoin, maybe there is hope...?

GEMINI:BTCUSD   Bitcoin
The falling price of Bitcoin is very scary, I know. But taking a look at the charts and zooming out, there could be some hope though. A falling wedge might be on the horizon and an oversold RSI might indicate that a rebounce can occur.
Take note that this wick down also bounced of a CME gap that was there for months.
Now there is a CME gap above us.

Now I am quitting with the hopium...

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.