#BTC was/is in a mild correction or consolidation phase.
The RSI stayed above 50 which is VERY GOOD.
Money flow remained in the overall scheme of things and still looks good.
IMO this looks similar to #BTC during the 2018-20 setup phase.
(Opened the chart to a weekly for a better view)
But don't think we get a harsh dip like in mid 2020.
#Bitcoin #crypto
Pls see profile for more info on posts
The RSI stayed above 50 which is VERY GOOD.
Money flow remained in the overall scheme of things and still looks good.
IMO this looks similar to #BTC during the 2018-20 setup phase.
(Opened the chart to a weekly for a better view)
But don't think we get a harsh dip like in mid 2020.
#Bitcoin #crypto
Pls see profile for more info on posts
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.