Unlike the previous bullish
rally, this one might stay undercover due to the low incline of MFI
. Ultimately we're still going down but for the time being, this is as good a place to pick up some BTC
as any. OBV is showing a major bullish trend
but until we pop up out of the MFI
resistance line, I don't think we'll be visiting the moon anytime soon.
Considering the last rally had an increase of $159 from its local low, don't waste any time contemplating this decision.
If we follow the timing of the recent breakout in October, mid-late February might be our best bet of the final low.