Yesterday BTC managed to break the resistance around $7400.
Over the past few weeks it has been fluctuating within a $6500-$7400 range.
A similar range was observed between half November 2019 and January 2020. Following that situation we observed a month-and-a-half-long growth which enabled a 40% increase in BTC value (from $7500 to $10500).
Taking into account the RSI index, it could be identified a consistent trend between these two time intervals.
Could it be a signal for an incoming uptrend?
Over the past few weeks it has been fluctuating within a $6500-$7400 range.
A similar range was observed between half November 2019 and January 2020. Following that situation we observed a month-and-a-half-long growth which enabled a 40% increase in BTC value (from $7500 to $10500).
Taking into account the RSI index, it could be identified a consistent trend between these two time intervals.
Could it be a signal for an incoming uptrend?
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.