RocketTrade

Setup looks familiar- RSI Bounce - What will Bakkt bring?

RocketTrade Updated   
BITSTAMP:BTCUSD   Bitcoin
- The red line showing the bounce off the 60 RSI range into higher bull run regions looks just like the one that happened prior to the last run when we were around $800...

- We can still drop down to mid 8K range without getting off the 60-100k by 2021 trail...

- The volume is also growing just like before, Bakkt is to bring so much more, and bitcoin is a scarce asset no one can stop ... so what do you think will happen?

-Thoughts not advice
Comment:
The last time we got this RSI bounce we went from $1000 to $19,000. So is it that crazy to think BTC will go from 10k to 100k or more? ( 190k)..... The next 3 months will tell us everything we need to know!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.