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AnggaDCN
Jul 22, 2021 1:06 PM

BITCOIN ITS NOT OVER (MY OPINION!!) 

Bitcoin / U.S. dollarBitstamp

Description

hello good evening traders.

here I just want to give a little analysis about the direction of btc, because a lot lately, about btc has entered a bearish phase.

but in my personal opinion.

this correction is the same as the date and year which I colored blue.

and maybe. we will start a big correction in 2022


Say goodbye to Sideways!! (Welcome to august september bullish!)
Comments
rhasan1987
nope. btc has always sustained correction/drop after going under 50 RSI on weekly unless it bounces near around 50. 50 RSI bounce didn't happen. Going by history, more drop is to follow, possibly to $17-20k and then another upcycle. At most it might go up to 45k as a dead cat bounce but that's about it. your chart alone says it all. also look at MACD breakdown points historically. thanks for sharing though, puts things in perspective.
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