This scenario is inspired by previous encounters with the 'red ring of death'.
Combined with the fact that historically BTC made double bottoms (2nd bottom always a bit higher than the 1st one).
RSI wise it wouldn't surprise me neither as these setups are made quite often.
It's not improbable.
Combined with the fact that historically BTC made double bottoms (2nd bottom always a bit higher than the 1st one).
RSI wise it wouldn't surprise me neither as these setups are made quite often.
It's not improbable.