BattleReady

Where is the Bottom?

COINBASE:BTCUSD   Bitcoin
This post might be pre-emptive, but I expect price to reverse from where it's at currently back up to the green line - a 0.382 retracement. The RSI is showing signs of divergence as well so we'll see.

It should then fall to strong support at 5700. This is the bottom. Get ready to load up here.

I'm flat for the weekend, we'll see what's up on Monday.

GL
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.