polunio
Short

Will BTC hold its RSI above 50?

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
When it comes to prices, BTC's Low prices are getting Lower as you can see on the chart.
On the side of technical, MACD just went below zero which is signed of bearish mode.
Hope RSI will hold and bounce back above the level of 50. Because if that will happen, it will start the sign of sideways to bullish BTC .
But, if RSI cracks down below the level of 50, it is signed of strong bearish . BTC will continue to drop its price on week to week basis.
Sorry, it was published twice. I thought it was not published previously because the pop up block the message..
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