We had a significant 30% pullback in the price of Bitcoin from the peak. Will it stop?
Lets look at the indicators...
The NVT has been in overbought territory for months, longer than any period in history.
The Stoch/RSI is suggesting a bottom with a rise in the near term.
The ADX is crossing into bearish territory.
The Money Flow Indicator is neutral, but saw an increase in both outflow and inflow of money, it could go either way.
The AO and MACD are bearish
I would expect a pullback to 56k in the coming months then steady up and onwards near and after the halving
Lets look at the indicators...
The NVT has been in overbought territory for months, longer than any period in history.
The Stoch/RSI is suggesting a bottom with a rise in the near term.
The ADX is crossing into bearish territory.
The Money Flow Indicator is neutral, but saw an increase in both outflow and inflow of money, it could go either way.
The AO and MACD are bearish
I would expect a pullback to 56k in the coming months then steady up and onwards near and after the halving
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.