Following Bitcoin's sharp 19% drop we can see a bit of consolidation forming. The .272 level broke immediately but the .382 level seems to hold for now.
Last time the RSI dipped below thirty after a correction (given it had taken longer to form) it made a 80% rally over the course of the past four weeks.
I'm not saying history always repeat, but it just might here...
Last time the RSI dipped below thirty after a correction (given it had taken longer to form) it made a 80% rally over the course of the past four weeks.
I'm not saying history always repeat, but it just might here...
