Azad1346

BTC Dump Continuation

Azad1346 Updated   
BITSTAMP:BTCUSD   Bitcoin
"This content is not financial advice or a buy/sell signal." the RSI divergence that had led to the pullback to 25K has already been corrected but still has not caught its historical monthly bottom (see the link below). In addition, in the daily chart, the price looks to break down the ascending triangle toward lower targets. Therefore, in the short term, the overall look of the chart exhibits the continuation of the bear market.
Comment:
The historic monthly RSI bottom has just caught. the bounce will come soon. The next bull run will come soon too.
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.