TradingView
thesimpletraders
Jul 31, 2019 8:09 AM

Why the next bitcoin bull-run might be around the corner Long

Bitcoin / U.S. dollarBitstamp

Description

Hello Traders,
Looking back on both the BTC price chart and the RSI chart we can see that,
the next bull-run might start soon. Further, each period seems to be shorter in time.
What we thus want to see on the BTC chart is first a stable price level in the 7000-9000USD area with strong buy support. Next daily higher highs will indicate along with a bounce on the RSI that the bull-run starts again.
I hope you like that chart.
Do not forget to like this chart if you agree with my hypothesis.

Best
The Simple Traders
More