The3eyedFrog

Bitcoin in the Pandora's box ?

The3eyedFrog Updated   
BITSTAMP:BTCUSD   Bitcoin
Rn, Bitcoin is in the box as indicated and no one knows where it is going to break. It needs to close above 31.8K in order to up or fall down to 200 weekly MA. Keep an eye out and be ready. Looking at weekly RSI it feels like something should happen soon. Within a week or a month. What do you guys think?

p.s. Since everyone is bearish doesn't make BTC bullish or vice versa. The overall market structure, in general, is important.
Comment:
As I said, within a week. Here we are falling down ;)

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.