Bitcoin through next halving - on the cusp of a new cycle pt. 2
Adding another view to my previous idea removing the volatility between the move. Please see for an idea of what the volatility could look like:
Key areas:
Keep an eye on RSI momentum
Keep an eye on major support levels which will be added as time goes on
Use pre-established profit points - and DON'T fomo when the time comes. Pick your sell points and COMMIT to them - put a post-it on your monitor.
Key areas:
Keep an eye on RSI momentum
Keep an eye on major support levels which will be added as time goes on
Use pre-established profit points - and DON'T fomo when the time comes. Pick your sell points and COMMIT to them - put a post-it on your monitor.
Comment:
Weekly and Monthly RSI look good - Daily RSi is nearing an area where we should see a pullback. If we blow off before the halving, the idea is invalidated and we may have two peaks. Another later in 2024 into q1/2 of 2025 range.