Extreme price changes are have always been a characteristic of bitcoin as the decentralised movement continues to scale against global markets.
Institutions love extreme dips in emerging markets and this is one of the greatest dips of all time.
The RSI has experienced extreme conditions on all time-stamps and heavy volume is flowing into Bitcoin at and below $3,751.
It is almost certain that Bitcoin will experience a retracement from this level.
The Intelligent Moving Average has already crossed, indicating a bullish move for bitcoin.
Institutions love extreme dips in emerging markets and this is one of the greatest dips of all time.
The RSI has experienced extreme conditions on all time-stamps and heavy volume is flowing into Bitcoin at and below $3,751.
It is almost certain that Bitcoin will experience a retracement from this level.
The Intelligent Moving Average has already crossed, indicating a bullish move for bitcoin.
Note
Bags are full! Here we go!
Kenzing trading indicators for TradingView perform advanced real-time analysis of stock price trends and display alerts that are easy for the average Trader to interpret.
kenzing.com
kenzing.com
Related publications
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.
Kenzing trading indicators for TradingView perform advanced real-time analysis of stock price trends and display alerts that are easy for the average Trader to interpret.
kenzing.com
kenzing.com
Related publications
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.