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CJStrings
Jul 13, 2023 2:51 AM

Expect some retest and then BOOM!! to 38k 

Bitcoin / U.S. dollarBitstamp

Description

On weekly timeframe BTC still bullish on LTF now might retest somewhere around 25k - 28.5k and RSI still looking good on retest neckline if according to the plan BTC should go 38k.
Comments
ivoten
bm is over
Tradersweekly
If the daily time frame turns bearish, it will likely distort the higher time frame. In my opinion, the inability of the RSI to break above 70 points (on the weekly chart) is a little bit worrisome, as such failures are often associated with bear market rally peaks.
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