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Bitcoin - The Unstoppable (New Tendency Line?)

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I'm surprised of how speculation around Bitcoin can go against any technical analysis that suggest a price retracement (In fact, my last Bitcoin analysis suggested this). At the moment BTCUSD seems to be unstoppoble, and now, it seems to have entered to a new tendency line. RSI reports an overbought signal, nonetheless, volume keeps growing really fast.

My recomendation? I would like to recommend that you should wait for a price retracement over blue tendency line, however, this might never happen. If you are interested in invest in BTCUSD, invest as soon as you can. Stop waiting for a perfect market entry, and wait for profits in the long-term. I also recommend to check other cryptocurrencies, visit my profile to more info.

If you find this analysis helpful, don´t forget to like and comment! :)
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BTCUSD moving to 14.500 before retracement
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Correction time is comming

Penafian

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