If we a draw the Fibonacci Channel on the Weekly Timeframe we can clearly see the bigger picture. It seems that Bitcoin has just started a long term Bullish Uptrend.
So my strategy is to buy the dips in the next coming weeks.
We can add the RSI indicator and open new buy position when we are around the middle line.
Just sharing my own strategy.
Have a great weekend!
Cheers.
So my strategy is to buy the dips in the next coming weeks.
We can add the RSI indicator and open new buy position when we are around the middle line.
Just sharing my own strategy.
Have a great weekend!
Cheers.