Buy the green line, no trade the yellow one.
Please notice that the yellow diagonal is a key in the last period, BTC is consolidating in that area.
BTC is still in the bearish divergence RSI scenario. This should be overcome, sending BTC towards 70Ks, OR the LL/LH of RSI tops will stand till BTC will be oversold, that means 50K target again.
If we stay with the RSI tops UNDER Lower Heights - Lower Lows trend in the RSI values, then we could see 50K again soon. In my opinion that's again a BUY THE DIP.
If BTC will make the yellow median as local support and the ATHs diagonal will be crossed moving UP, we have great chances to see BTC at 100K till July. That's the blue path for the RSI.
Still, this red diagonal could act again as a resistance and send BTC at 50K once more.
In conclusion, 50Ks at worst, 100Ks at best for the next months in my opinion.
THIS IS NOT A FINANCIAL ADVISE, it's just my humble opinion.
Take care of your hard worked money guys!
CHEERS!
Please notice that the yellow diagonal is a key in the last period, BTC is consolidating in that area.
BTC is still in the bearish divergence RSI scenario. This should be overcome, sending BTC towards 70Ks, OR the LL/LH of RSI tops will stand till BTC will be oversold, that means 50K target again.
If we stay with the RSI tops UNDER Lower Heights - Lower Lows trend in the RSI values, then we could see 50K again soon. In my opinion that's again a BUY THE DIP.
If BTC will make the yellow median as local support and the ATHs diagonal will be crossed moving UP, we have great chances to see BTC at 100K till July. That's the blue path for the RSI.
Still, this red diagonal could act again as a resistance and send BTC at 50K once more.
In conclusion, 50Ks at worst, 100Ks at best for the next months in my opinion.
THIS IS NOT A FINANCIAL ADVISE, it's just my humble opinion.
Take care of your hard worked money guys!
CHEERS!