Following up my previous idea in which Bitcoin has hit above USD10,000 quickly, then it drops slowly until now.
When you look at the 4h chart, the candles are forming a few long tails, this is usually a bottom sign.
Furthermore, RSI is showing a divergence, in the short term it will rebound.
When you look at the 4h chart, the candles are forming a few long tails, this is usually a bottom sign.
Furthermore, RSI is showing a divergence, in the short term it will rebound.
Comment:
So far so good, the rebound will consolidate at 7,200. Then Bitcoin will rise again.
