As in any bull market, BTC moves quite predictably. A good indicator for where rebounds and lows are possible is the PI index on Bitcoin.
The Pi indicator has already proved that it is extremely useful and now in prose we can see it again. Will 52K stop declines and prove to be a local bottom on BTC in the short term? I think so.
An additional confirmation that BTC is sold out is the RSI indicator which in the 4H and 1D chart is moistening in the oversold regions.
Previous analizes so accurate:
The Pi indicator has already proved that it is extremely useful and now in prose we can see it again. Will 52K stop declines and prove to be a local bottom on BTC in the short term? I think so.
An additional confirmation that BTC is sold out is the RSI indicator which in the 4H and 1D chart is moistening in the oversold regions.
Previous analizes so accurate:
