Bongos45

BTC longer term outlook

BITSTAMP:BTCUSD   Bitcoin
At a clear decision point now. A major pump is needed to leave the down trend, or else a longer term decline. Might be that we need to retest MA50 (Weekly) at around 30k before we can refuel again for another bull-trend.
Once RSI resets on the weekly (35 or lower), then that would also signal a reversal.
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