Skyito

BTCUSD 6 weeks chart

Skyito Updated   
BITSTAMP:BTCUSD   Bitcoin
Yea! every market when its approaching to top, many youtubers will trying to hype you with all the daily timeframe.

OMG! the last chance to buy BTC. BTC halving will make BTC go parabolic.

You want to listen to them or respect the chart.

I don't need to elaborate for this chart. Just use our common sense and simply look at stoch rsi in 6 week chart. What happen when stoch rsi value hit 100 and bearish cross down?

Of course, anything is possible, maybe price can go to 80k if lucky creating another bearish divergence in 1 week timeframe but looking at this 6 weekly chart, do you want to risk yourself buying the market top?

Remember, smart money is always patient and smart money know when to take profit.

So don't be hyped and respect the chart, there is no such thing as you missed the boat in any market. Don't let YouTubers fool you.

Comment:
Just to update to be cautious if you are too bullish

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