If the past RSI trend is of any indication of future movement, we should see Bitcoins moving up over the next few weeks.
It'll be a make or break over the next few days. Either we go back to $550 and bounce back strongly or we'll break above the RSI downtrend since 20th May 2014 and head towards $640 - $680.
Bulls need to march towards $600 level ASAP! Given the momentum right now, there's a high possibility that we may be able to move up.
It'll be a make or break over the next few days. Either we go back to $550 and bounce back strongly or we'll break above the RSI downtrend since 20th May 2014 and head towards $640 - $680.
Bulls need to march towards $600 level ASAP! Given the momentum right now, there's a high possibility that we may be able to move up.