SynapseTrading

Bitcoin (Weekly Chart) - Possible Rebound?

Long
BITSTAMP:BTCUSD   Bitcoin
After months of continuous decline, could Bitcoin finally see some buyers stepping in at $3000-$4000 to cause a rebound?

Weekly RSI has rebound from 30 levels, last time it reached there was in 2015.

Long-term trend is still down, but we could see the rebound go to the $5000 level.

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