Bitcoin to pump once more!?
Using the daily Stoch RSI, you can see it has bottomed out on BTC the 1hour and 4hour has bottomed out too. If bitcoin doesnt bounce off the 50MA and create a double bottom we may see 85k! Or less I find this unlikely because of the stoch RSIs over sold again. My strategy says buy and sell at previous high to create a double top. This is a bearish pattern called the bearish expanding triangle. Trumps inauguration is coming so i expect this to happen.
Disclaimer, not financial advice just showing my prediction, always do your own TA, i am not responsible for any losses you may incur.
Disclaimer, not financial advice just showing my prediction, always do your own TA, i am not responsible for any losses you may incur.
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.