Hey guys today i'm going analysis BTC/USDT chart on weekly chart.
1)So many people panicking and selling now their assets and giving their assets to the WHALES, so now WHALES are accumulating more BTC, and soon who sold there assets will be REKT.
2)So on weekly chart we can clearly see RSI is now on oversold area.On weekly chart RSI was been oversold in 2018 December market crash and 2020 March covid crash, after that crash price is spike to the upside, so now we are same oversold area on RSI.
3)I think a lot of WHALES will accumulate more assetes at that oversold area and price will Bounce back again.
4)So now RSI is 30 level (oversold),now its time to buy, so i think BTC will touch at $69K and then after Breakout at $69K Resistance level BTC will fly at $100K.
If you like my idea pls like and subscribe me)))
1)So many people panicking and selling now their assets and giving their assets to the WHALES, so now WHALES are accumulating more BTC, and soon who sold there assets will be REKT.
2)So on weekly chart we can clearly see RSI is now on oversold area.On weekly chart RSI was been oversold in 2018 December market crash and 2020 March covid crash, after that crash price is spike to the upside, so now we are same oversold area on RSI.
3)I think a lot of WHALES will accumulate more assetes at that oversold area and price will Bounce back again.
4)So now RSI is 30 level (oversold),now its time to buy, so i think BTC will touch at $69K and then after Breakout at $69K Resistance level BTC will fly at $100K.
If you like my idea pls like and subscribe me)))
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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.