BTCUSDTtradingview.com/x/2lSGvnAi More than enough confluence in that zone to pull us back up before the death cross happens, the bull cycle will hang in the balance on whether we reject there or not
BTCUSDTBTCUSDT This is the bullish case. See how much lower that RSI can come down and still be a valid bull divergence? The lowest peak was 24. You can expect the daily RSI to come down below 30. Where price will be when that happens is speculation. It's just a matter of when that happens both here on BTC and on the S&P 500 that will be the time to buy, and to be honest it will not be for new ATHs sadly. The target will most likely be the daily 200 SMA for a rejection and trend continuation down.