Using a 2 week time period, this graph includes 2 major recent pull backs to the bottom of the Bollinger bands
, with a full and complete increase in moment and price. The current downtrend mirrors the first 2 pullbacks. Right now is a great buying opportunity due to low RSI
and the recent price pullback has brought the price of Bitcoin
to the bottom of the lower Bollinger band
. Expect a rise of 20-35% and a price of 1300-1500 USD/ BTC
in the next 5-7 days.