Just like Before, BTCUSD will hit the oversold area in the RSI indicator for the second time. It will happen Before we are going to a accumulation phase. I have draw the trendlines as you can see and the most possible scenario is that BTC will make a lower low to 2600-2000 USD area around 16 April(Green rectangel area). The area is where all the trendlines meet , which indicate a strong support level.
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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.