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cryptogluten
Feb 18, 2021 6:20 PM

Bitcoin short-term's up-drift normalizing, but I am still "Long" Long

Bitcoin / TetherUSBinance

Description

Hurst Cycle Pivots indicated that indeed, a strong "bullish" pivot started on the 15th of February for the short-term 65 min time window. No strong "bearish" pivots (red down-arrows) on the 65 min Hurst Cycles, which makes me hesitant to sell. RSI on the longer term (3h) showing Bitcoin approaching overbought regime [I reiterate, for that 3h time period. A 54K Bitcoin seems like the most likely upper threshold for the short-time windows, though this is all chance; "more probable" doesn't mean "guaranteed". Overall, I am keeping my short-term game as "bullish"; my long-term game with Bitcoin is always "Long", obviously.
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