Weekly "W Formation Bottom" on BTCUSD Price Chart
Weekly MACD is soon to cross over showing a sign of bullish momentum coming to BTC price for the coming weeks. RSI is forming a nice flattening bottom shape suggesting the bottom is in. Price target of the weekly formation is at 60k. I am long unless theres any major FUD blackswans.
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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.