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McPaddles
May 24, 2021 8:49 AM

BTC TO THE MOON  Long

Bitcoin / U.S. dollarBitstamp

Description

Are we about to see the biggest explosion in Bitcoins short history? Well the stars are aligning nicely on the daily chart.

We can see BTC bouncing off the 200 SMA making a higher low from the platform laid late Jan. The RSI is in over sold territory as is the MACD, in fact the MACD is at levels we have never seen before.
Don't be surprised if we see another squeeze, but start loading your bags ladies and gentlemen lets prepare for take off.
Comments
DrStein
Take a look at the weekly MACD. Tell us what you see.
McPaddles
The last time the RSI bull indicator hit BTC was at 10k
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