BITCOIN: 30% CORRECTION IS COMING. THIS IS NORMAL
Guys, this is a crypto bull run, relax
Look at 2016 (Right chart) & look how many steep corrections there was
BUT WE STILL POWERED THRU
Have faith in the 50 MA on the 3 day chart. If that breaks then we have problems... but as of now, THIS IS NORMAL!!!
In addition, when you see the Stochastic RSI have a golden cross & go ABOVE THE 20 LEVEL, PRICE GOES HIGHER AFTERWARDS
Remember that, and you will NOT LOSE in the 2024 crypto bull run!!!
Look at 2016 (Right chart) & look how many steep corrections there was
BUT WE STILL POWERED THRU
Have faith in the 50 MA on the 3 day chart. If that breaks then we have problems... but as of now, THIS IS NORMAL!!!
In addition, when you see the Stochastic RSI have a golden cross & go ABOVE THE 20 LEVEL, PRICE GOES HIGHER AFTERWARDS
Remember that, and you will NOT LOSE in the 2024 crypto bull run!!!
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.