BTC - observation on the monthly chart

20 ก.พ. 2024

Past performance is not indicative of future results. Still, a little observation on the monthly chart:

Every time the RSI moved towards 70 coming from an RSI low, a correction of at least 2 months and at least 30% in price followed and that's pretty much where we currently are.

21 ก.พ. 2024

บันทึก

Not to ignore though, each time in the last week before the start of the correction there was a significant upwards move in price.

22 ก.พ. 2024

บันทึก

Some levels:

4 มี.ค. 2024

บันทึก

Alright then, certainly got the pump! The monthly candle definitely looks a lot stronger than the the monthly candle of the past instances I mentioned, so...



If and when the ATH gets taken out, I've got a bit of a cluster at ~74-78k and a nice cluster a bit above 100k.