Bitcoin( INDEX:BTCUSD ) Weekly RSI in Saturated Range = Corrective Trend - In the history of Bitcoin, whenever the RSI indicator has reached the saturation zone (especially the range of 80-99) in the weekly time frame, the trend of at least 1 week and at most 300 days will enter the corrective or sideways phase (shown by blue vertical lines). This situation...
As the chart show: 1) Double Bottom. 2)Inverted Head and Shoulders. 3) Wave v of wave 3 just started, it'll be strong. 4) Wave count 1 - 2 - 3 may be better replaced with A - B - C , to indicate it is a corrective wave that all Dollar Index history is corrective waves. 5) Each two consecutive waves consumed 3 years to complete. 6) This means the final...