Just found this recently.. I'm a believer of zooming out and looking at the weekly I've noticed a few things. Not only that there is a hidden bullish divergence in play, the RSI is a lot LOWER than 2021 May Dump. What are your plays here?? Long but short term?? Or longing in the next few weeks? Let me know your thoughts!
After the 69k rejection many were still bullish. But down trend has been shown and formed after the rejection. We meet 40k once again and may face another down fall if this support fails.
I know this TA isn't much but RSI and Stoch has stayed true to it's calling when looking at the 2018 crash...... What will the market do next???
As we all know Elon tweeted doge... but How in the world did it launch PERFECTLY at the 200 EMA??!??
If you've been long since last year you should be ok... BTC has been trying to do proper corrections but it's been stopped by newcomers or just buyers in general. Let it dip to 30% or 40% so we can blast off again! New people do not buy or enter right now!