It seems to me that BTC/USD may not be able to break out of this long term pitchfork.
RSI is overbought on Daily, Weekly, and Monthly.
If we have a pullback, it would be a great buy at the lower end of the pitchfork.
Bitcoin has gone full parabolic and it may be time for the bubble to burst.
If there is a pullback, I see this as the end of wave 3 and the beginning of wave 4.
RSI is overbought on Daily, Weekly, and Monthly.
If we have a pullback, it would be a great buy at the lower end of the pitchfork.
Bitcoin has gone full parabolic and it may be time for the bubble to burst.
If there is a pullback, I see this as the end of wave 3 and the beginning of wave 4.
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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.