Coinathlon

BTC bull case

Long
COINBASE:BTCUSD   Bitcoin
We're experiencing a heavy red sunday. BTC fell through the 100 & 200 MA and dipped straight into the golden pocket.

RSI dipped below 30 but recovered immediately. We saw this as well a few weeks ago after which Bitcoin recovered strongly.

Targets are both red areas around $60K

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.