Confirmation points to 11,600 RSI leaves room for doubt
Updated
After the bullish move, BTC confirms to the bulls it returns to 0.5 retracement. We should next see a brief correction down, then a swing up towards $11,600.
RSI indicates the correction. Fib indicates the bullish momentum. Trend line indicates direction. Overarching trend (3-6 month) indicates 11,600 resistance in the green box.
RSI indicates the correction. Fib indicates the bullish momentum. Trend line indicates direction. Overarching trend (3-6 month) indicates 11,600 resistance in the green box.
Note
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