After the quick move down in Bitcoin, we are in an oversold condition with the RSI.
It is likely to see a bounce up anywhere from $5,200 to $6,000 from here, before continuing lower.
We have yet to see a cross of the 100 and 200 weekly MA to declare a bottom, so there are likely further lows to be made.
It is likely to see a bounce up anywhere from $5,200 to $6,000 from here, before continuing lower.
We have yet to see a cross of the 100 and 200 weekly MA to declare a bottom, so there are likely further lows to be made.
