Not because it's Bitcoin. But because it was pushed too fast too far. That's why BTC is stretched and has to come back to Balance.
The yellow Fork, which is a shorter term view (weekly/daily) shows us the super stretch.
It probably will take some weeks for BTC to fall back into the Fork. When it does, it's target is the white Center-Line.
The yellow Fork, which is a shorter term view (weekly/daily) shows us the super stretch.
It probably will take some weeks for BTC to fall back into the Fork. When it does, it's target is the white Center-Line.
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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.