Bitcoin long term trend is highly debatable topic. On the chart I've found quite interesting relation on RSI oscillator - price making big rebound after reaching RSI zone 60-50-47. During whole 2016-2018 bull run price 4-times rebounded upside with RSI in mentioned zone. At the momement RSI value approaching 60, which means we about to see big rebound upside. Stay positive and stay out of huge risks.
Since 50-55 RSI zone acts as a support, we can expect a slight drop in the week or two? I expect 50K to be retested.
ArShevelev
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@saulve, considering amount of moves on rsi I can say it already have touched 60-50 support zone. So this dip might be last in this zone, but I am remember about risk management
watchtrend
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Thanks, same sharting for bitcoin long
geekpe
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stay out of huge risks....
but you said buy btc to 57k..lol
ArShevelev
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@geekpe, if you know how much you can afford to lose you have nothing to fear. lol?