The bitcoin correction now going through is a long term correction and it was bound to happen and dont panic guys as 80%-90% of it has happened.
There are 2 big trend lines which are intact and best time to buy btc for a long term position.
Monero seems to follow a trend in which it tests the 200MA (Moving Average) after it starts out for a new pump, the RSI & MACD also shows LONG options and hence it gives many traders the buy signal which becomes clear.
The price targets for buying are :-
I would buy a lot if price goes to...
As highlighted in my indicator, we have bottomed succesfully at 0.0124 and we had a nice dip to 0.01205 and then a markup to 0.013 and beyond... I am in long term again and i dont see a retracement to 0.0105 or 0.0066 level, my next target is to 61.8 fib level (0.0166) level and then 0.0201 level which i see comming up in...
Weekly Candles have stopped making big wicks,
we are up for a correction ?
Jurik's RSI (smooth rsi) also shows overbought levels and
after every bull phase, btc has correction so i guess we are going to go sideways
and then a dump maybe and then form support and hit 6000 levels.