Bitcoin has formed a double bottom with bullish RSI divergence...I would look for it go to 60.5k and try to break the downward trendline. We are still overall in a short term downtrend for now.
Was the 55,900 (today) the lowest? Will it grow now?
Nutty_Trader
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@drindrin, nobody knows but i think we will go to 60k from here
drindrin
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@Nutty_Trader, Could there be bullish and bearish movements (due to the dead cross)? On 29 Nov options expire.
Nutty_Trader
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@drindrin, yes, this is more of a short term play. I have no idea what will happen i just can see a double bottom with bullish divergence. I think we get back to 60k but what happens from there im not sure.
drindrin
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@Nutty_Trader, Thank you! Bought quick coins. Were still cheep. Maybe we will go lower, but I do not trade laveraged + work. The watching costs a lot of time. Thank you for sharing.
drindrin
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Hi Nutty, I am looking at the chart on several timeframes. Do you still think 60K is possible now? If yes, can you already see, what happen after that (down/ up)? (I know there is a mix of bull and bear.) We have almost weekend (I will be home). I would sell and rebuy.