EOS is currently retracing and is sitting on the .786 fib line off of the ath. RSI and StochRSI on the daily candles is showing that it is overbought, meaning there could be room for this to dip even more. Shouldn't go any lower than the .618 fib line at 0.00153. Going to keep an eye on this to buy the dip.
Daily RSI is showing overbought, which was expected. I'm in the opinion that we might see a short dip back down to 6500-6000 as some investors may take profits off of this little pump to pay their taxes. But after this dip, and after the 17th, I expect the money to come pouring in. Especially with the big boys in the market now that the OTC buys aren't available,...
Diregarding all other factors, 3 month fibbinacci trend lines calculate BTC price north of 55k by year's end. Purely speculative, but possible.
Retrace back to 11.1, 10.9, or 10.7?