• The RSI has only reached to this points in the history of Bitcoin only three times.
• The first time it comes to test the area, the second time it comes and breaks the area, and the third time it comes to say goodbye to this area, and this scenario is repeated now.
• So now I can say that the $ 6,000 area is the end of the drop :))
If Bitcoin breaks level 1 with a 4 hour candle, it will go to level 2 and hopefully not break it
1 = 6670 $ ~ strong
2 = 6300 $ ~ Not easy to break ( and hopefully not break it )
3 = 5685 $ ~ very strong buy
Looking at the BTC Chart in the last few years, we find that the BTC in late 2015 was walking in a random way and then rose significantly. From my point of view, the BTC will now walk in a cross-section between 10,000 and 12,000 before making another wave. The other currencies will continue to appreciate :D