Joshuakm

BTC, the rebound

COINBASE:BTCUSD   Bitcoin
At the time of this post, BTC has a JDK-s ratio of 96.335 and a JDK-s momentum of 77.737. (I wish Tradingview had a RRG platform right now) This bearish sentiment is ever so slowly turning around and it is looking really good in my honest opinion. BTC has not dropped below 30k and still has downside risk. But the gains are getting better and the losses are (while still big) contained. This is a very good sign as the RRG shows improvement at a snails pace. I'm keeping the investment strategy here at neutral because I am sidelined waiting and watching. Cheers to a potential strong ride up!!!

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.