I'm a fan of cryptocurrencies and like them to be on an up trend which couldn't always happen in the real world..!
I think the chart tells us everything. We are in a local correction of a bearish market (maybe at the end of it). A drop in the price is highly likely to happen where the new low will help us to see a divergence between price and RSI. If so, it could be considered a sign of a new start for bulls (including me...!).
This is just a scenario from hundreds that could happen...please let me know your ideas...
I think the chart tells us everything. We are in a local correction of a bearish market (maybe at the end of it). A drop in the price is highly likely to happen where the new low will help us to see a divergence between price and RSI. If so, it could be considered a sign of a new start for bulls (including me...!).
This is just a scenario from hundreds that could happen...please let me know your ideas...