It was a while for BTC to stay in the top range of oscilators and we are still in a bear trend even do we made higher low. Seeing the ovrbought condition of it we had to wait for a retracement. Next move, BTC bounce from the large trend line or latest support around 6270.
Note
Bounce back from Fib 0.61 lvl. Posible to be just a retracement. We need to se RSI growing for clear waters.
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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.