So essentially BTC has dumped over the past few days and everyone is crying. Although I still feel that BTC will endure further months of a bear market, Its my opinion that this 5th wave scenario is still possible and at-least a bounce of some type will occur shortly.
RSI entering oversold regions, and BTC has failed (So far) to penetrate support at 6150 Region. A long term trend-line also coincides with this region.
RSI entering oversold regions, and BTC has failed (So far) to penetrate support at 6150 Region. A long term trend-line also coincides with this region.
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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.