If BTC momentum collapses here, then correction is here. All bag holders (also known as dip buyers) will be rinsed. Watch for the RSI to enter oversold and confirm a re-crossing of 50 afterwards for the all clear, or a bullish divergence to form at the bottom.
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.