Damasta

Bitcoin RSI M pattern. Why we will rise just a little further

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
I noticed this pattern today when I saw this very nice idea on twitter here and looked at my chart. It is always hitting another go into the RSI 80+ zone after surviving the too quick selloff of one ATH and corrects slowly afterwards to make another longterm run
Comment: We haven't reached RSI 80 yet so my guess is we will have another more spectacular go for ATH. Likely to hit atleast 8100
Comment: Bitcoin has reached RSI 80 on 6H Timeframe so I expect it to have found the real top here or very soon.

Comments

Should drop any moment now lol..
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Damasta deveci.as95
@deveci.as95, Just a little means as soon as we approach RSI 80 here I expect it to go into correction
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