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CTJ
Dec 4, 2021 1:23 PM

BTC testing downtrend line from previous ATH Long

Bitcoin / TetherUSBinance

Description

Steep selloff to end the week for crypto. Daily RSI has reached oversold for the first time in a long time. I tripled my Friday DCA buy buying into the weekness. Not as scary as it looks if BTC can hold the downtrend line as support. With RSI as low as it is I am expecting at least a shallow retracement up from these levels.
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