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danielfitch
Feb 24, 2021 1:29 PM

Bitcoin 1 year/short-term thesis  Short

Bitcoin / United States DollarCoinbase

Description

Bitcoin's price action has slowed, and the volume upticks have been during price declines. The RSI/MACD on the 1Y chart shows a potential retrace of the path from $20,000, ultimately springing back into action. I would hold off on buying more BTCUSD until another major decline in price. All the altcoins will be dragged alongside, and will offer great buying opportunity to enter into long-term positions.COINBASE:BTCUSD
Comments
Dave-FX-Hunter
Very possible
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