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Simon111
Jan 27, 2021 12:59 PM

BTC monthly chart Long

BITSTAMP:BTCUSD1M
Bitcoin / U.S. dollarBitstamp

Description

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(Ignore the mess on the chart) A chart for all the bears in the chat right now,

Of interest are the 5 blue vertical lines. We can see we just made a first peak now on the RSI, from hystorical analysis we can expect a second one. My personal target is 80k+.

Have a good day

Comment

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Seems like the first top on the RSI never formed. Heading to 94+ on the RSI for the first top.
Trend AnalysisBTCUSDBTCUSDT
Comments
tantamount
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This RSI peak aligns with my Monthly oscillator showing more time and that price is likely to go higher!
Simon111
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@tantamount, I am going to go a bit less full bulltard once we go over 80k, but wall street could definitely pump it higher before we dump
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