Bitcoin dipping to 5000-5200 before next rise?

BITTREX:BTCUSDT   Bitcoin / Tether
Ok just 2 Observations here:
First, after going above RSI 70 Bitcoin always dropped under RSI 45 before reaching the above RSI 70 zone again.

Second, the dips that happen somewhat linked to the above matter of fact have until now always reached the last all time high.

This observation is based on the past months and it leads me to the conclusion,
that if it continues this cycle I will be able to buy in at around 5000 again. Considering it keeps this Characteristic

If you like this idea please check out my FTA Trading Algorithm


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out